Taking microfinance to the streets
- A microfinance group is taking the fight for the financially vulnerable to the high streets.
- No interest loans allow people on low incomes to buy essential goods without getting into a debt spiral.
- Financial conversations allow money experts to give those in need the confidence to manage their budget.
“One-stop community finance shops” are opening within sight of payday lenders in a bid to discourage the vulnerable from taking on toxic debts.
Run by Good Shepherd Microfinance (GSM) in partnership with state governments and NAB, Good Money Stores provide finan…
Read the full article at: https://www.choice.com.au/money/credit-cards-and-loans/personal-loans/articles/good-money-and-no-interest-loan-scheme