Cuts mean loans phone call away
Tuesday, 26th May, 2015
A part-time position is likely to be lost in the city as BaptistCare revises its services in the area.
BaptistCare will no longer have a local coordinator for its No Interest Loan Scheme (NILS) which was set up in 2011 to service Broken Hill, Wilcannia and Menindee.
Under the scheme people can take out small interest-free loans to buy basic household essentials such as a fridge or washing machine.
Although it has lost a local position, a BaptistCare spokesperson said people in the region would still be able to access the NILS by phone.
“We remain committed to assisting people to access fair and affordable credit through microfinance loans, to empower people and prevent cycles of debt and poverty,” the spokesperson said.
It is believed that the service was to be scaled back due to mounting pressure from the recent federal budget, however BaptistCare would not be drawn on the issue, saying that only that it had chosen a “different model of delivery” due to “operational cost constraints”.