Popular on eTradeWire
- Searchaerospace achieves first milestone listing repair capabilities 211
- Dr. Nada Albatish has become a Spectrum Key Opinion Leader 209
- Anna Faktorovich Announces Candidacy for Mayor of Quanah, Texas 185
- XOV prepares to launch its bank-grade digital payments arm, Slipstream, for cryptocurrency 161
- PacketSled Recognized by SC Media as a Finalist for Best Computer Forensic Solution 151
- Ring Power Corporation Appoints Alban President 140
- CMS Ruling Could Shut the Door on the Medical Center at Elizabeth Place (MCEP) 113
- Paras Biopharmaceuticals Finland Oy Announces Successful Development of Biologically Active Romiplostim (N-Plate® Biosimilar) Production Technology
- Delta Hotels Saskatoon Downtown Undergoes Transformation and Rebranding
- The Hype Magazine Signs Exclusive Podcast Agreement With Digital Soapbox Network
Similar on eTradeWire
- Long-term results with the Tat vaccine point to a new approach for a functional cure of HIV
- Doobert volunteers drive nearly 90,000 miles in 2019
- Zonta Club of Washington, D.C. and its Foundation have Undergraduate Scholarships for 2019-2020
- International Center Selects Zoo Chief Mike Crowther As International Citizen Of The Year
- Alison Morgan Joins Rainbow Village as Program Director
- Fishing Tournament to benefit Boys & Girls Clubs of St. Lucie County Youth Programs
- Youth of the Year announced for Boys & Girls Clubs of St. Lucie County
- Entrepreneur Reveals Secret Formula to Making Millions
- South Shore Habitat for Humanity to Host Community Meeting for New Home to be Built in Easton
- Designing Daughters of Sarasota Donates $90,000 to Local Charities
Domestic violence victims offered life-saving loans
eTradeWire News/10503573
Nov. 19, 2018 - eTradeWire -- Tens of thousands of Australian women escaping family violence will have access to a new $14.9 million program providing no interest loans to help them rebuild their lives.
Good Shepherd Microfinance has welcomed a Federal Government commitment to expand the national No Interest Loan Scheme (NILS) and provide safe, affordable loans up to $2,000 to victims of domestic and family violence.
Good Shepherd Microfinance CEO Peter McNamara said 90 per cent of family violence cases also involved financial abuse.
"Women who want to leave a violent partner are often put off by the expense of finding somewhere safe to live," Mr McNamara said.
"They may not have their own income or savings, often they've been saddled with their partner's debts and don't know how they can afford to restart their lives.
"For many, it's a big reason why they can't leave an abusive relationship."
Mr McNamara said the funding would help up to 45,000 women and families by allowing Good Shepherd Microfinance to train 30 more specialist NILS workers and expand the network of community groups providing No Interest Loans.
More on eTradeWire News
"Our No Interest Loans will help thousands of domestic violence victims pay for all sorts of essentials like bond or rent, furniture and whitegoods, car registration or a computer so they can work, buying school gear for the kids, or covering medical bills," he said.
"They can get back on their feet without getting into crushing debt."
Victorian mother of three Donna Cleeland was pregnant when her abusive husband left her.
"I had no access to the bank accounts, no job and no money," Ms Cleeland explained.
"I had to figure out how to survive on my own, so when I got my first NILS loan, it felt like Christmas."
Donna has now used NILS several times to buy a washing machine, pay for car repairs and cover medical expenses for her children.
"I feel so grateful there's something like NILS available for people like me, otherwise I wouldn't have been able to provide for my children," she said.
Media contact: Barbara Cox, Sequel PR – 0403 090 913
NILS FAST FACTS
· 26,648 no interest loans worth $25 million provided in 2017-18
More on eTradeWire News
· Number of loans up 6.5% on previous year
· 66% of borrowers are women
· 40% of borrowers are single parents
· 23% of borrowers are Aboriginal
· 160 community partners offer NILS at 625 locations nationally
DOMESTIC VIOLENCE IN AUSTRALIA
· 1 in 6 women have been subjected to physical violence by a partner.
· 23% of women have experienced emotional abuse from a partner.
· 1.86 million Australian women have experienced financial abuse.
· 75% of partner homicides are women.
· About 72,000 women and 34,000 children sought emergency accommodation because of domestic violence in 2017.
· Indigenous women are 32 times more likely to be hospitalised due to family violence as non-Indigenous women.
Good Shepherd Microfinance has welcomed a Federal Government commitment to expand the national No Interest Loan Scheme (NILS) and provide safe, affordable loans up to $2,000 to victims of domestic and family violence.
Good Shepherd Microfinance CEO Peter McNamara said 90 per cent of family violence cases also involved financial abuse.
"Women who want to leave a violent partner are often put off by the expense of finding somewhere safe to live," Mr McNamara said.
"They may not have their own income or savings, often they've been saddled with their partner's debts and don't know how they can afford to restart their lives.
"For many, it's a big reason why they can't leave an abusive relationship."
Mr McNamara said the funding would help up to 45,000 women and families by allowing Good Shepherd Microfinance to train 30 more specialist NILS workers and expand the network of community groups providing No Interest Loans.
More on eTradeWire News
- 11 Women Share the Faith of Helping Beyond the Pretty Dress
- Toronto Inventor Realizes Dream of Developing New Word Game, Jabuka!
- Long-term results with the Tat vaccine point to a new approach for a functional cure of HIV
- SuperCloud Wrap: Google's $13B Data-Center Plan, Going Beyond CI/CD, Allergic to DevOPs? + more
- Buy Microsoft Surface Accessories After Learning About the Available Options
- "All You Need to Know about Parkinson's Disease", new article by researcher Paul Norwood
- Doobert volunteers drive nearly 90,000 miles in 2019
"Our No Interest Loans will help thousands of domestic violence victims pay for all sorts of essentials like bond or rent, furniture and whitegoods, car registration or a computer so they can work, buying school gear for the kids, or covering medical bills," he said.
"They can get back on their feet without getting into crushing debt."
Victorian mother of three Donna Cleeland was pregnant when her abusive husband left her.
"I had no access to the bank accounts, no job and no money," Ms Cleeland explained.
"I had to figure out how to survive on my own, so when I got my first NILS loan, it felt like Christmas."
Donna has now used NILS several times to buy a washing machine, pay for car repairs and cover medical expenses for her children.
"I feel so grateful there's something like NILS available for people like me, otherwise I wouldn't have been able to provide for my children," she said.
Media contact: Barbara Cox, Sequel PR – 0403 090 913
NILS FAST FACTS
· 26,648 no interest loans worth $25 million provided in 2017-18
More on eTradeWire News
- 5 stunning ideas how to decorate your rustic wedding venue with Jute
- United Premier Soccer League Announces SoCal Expansion with Rose City FC
- Asian Art, the Engravings of Karl Bodmer and Diverse Estate Jewelry at Michaan's in March
- Christian Author Pastor Cynthia Diggs set to Release New Book
- What's New in The Signature Series
- California Doctor Robert Blackman Releases His New Book That Skillfully Blends Satire, Sci-Fi, Fantasy And Socio-Political Commentary
- Minister & Author Dr. Claudette Morgan-Scott Embarks on International Speaking Tour and Book Launch
· Number of loans up 6.5% on previous year
· 66% of borrowers are women
· 40% of borrowers are single parents
· 23% of borrowers are Aboriginal
· 160 community partners offer NILS at 625 locations nationally
DOMESTIC VIOLENCE IN AUSTRALIA
· 1 in 6 women have been subjected to physical violence by a partner.
· 23% of women have experienced emotional abuse from a partner.
· 1.86 million Australian women have experienced financial abuse.
· 75% of partner homicides are women.
· About 72,000 women and 34,000 children sought emergency accommodation because of domestic violence in 2017.
· Indigenous women are 32 times more likely to be hospitalised due to family violence as non-Indigenous women.
Source: Good Shepherd Microfinance
Filed Under: Non-profit
0 Comments
Latest on eTradeWire News
- Emperor CBD Launches Grand Opening
- How a DAQ System Executes All Vibration Test Stand Tasks
- Recent Sports Betting Legalization Sets The Stage For Record-Breaking March Madness Viewership And Wagers
- Petique, Inc. Brings High-Quality Pet Product Line to Global Pet Expo Booth #3491
- Alison Morgan Joins Rainbow Village as Program Director
- RadiusPoint Delivers New Solutions Exploration Experience
- Gwinnett Clean & Beautiful Recognized with a Governor's Circle Award
- Fashion Umbrella Foundation creates an online university for learning
- Dinner With Lloyd, Releases February 14, 2019 On Digital Download & Rental
- Members Advantage Credit Union donates to Steady Stitchers
- Brad Domenico Secures $60,000,000 for Multifamily Portfolio in Hudson County
- Denver Realtor Patrick Finney Launches New Website
- Diane & The Deductibles Open For The Legendary Fabulous Thunderbirds at The Canyon Club in Agoura Hills on February 23rd!
- Mr. 1204 Releases New Single: Lost Featuring RND Officially
- ShoppingMoneyPR.com Launches PR Promos Services as DuckDuckGo and Excitel Offer Theirs
- Announcing "Best Online PC Gamer" YouTube Channel
- NAWBO Phoenix to present March 13 panel of top women business owners
- VIP Reception Planned for Billy Graham's Daughter and Grand-Daughter
- BalletNova Conservatory Students to learn Martha Graham's "Steps in the Street"
- South Shore Chamber Names Joseph Gratta, CEO of Atlantic Mechanical Contractors to Board