Welcome to NILS
Our mission is to provide no interest loans to local people in acute financial need. We are a registered charity providing people who live in Herefordshire, Shropshire and Worcestershire with loans up to £400 to pay for essential items purchased from local businesses.
You pay back only what you borrow with no fees or extra charges
Our Values
Am I eligible?
You must have lived locally for at least three months
You must be over 18, or have a guarantor
You must have the means to repay the loan
What are the loans for?
HOUSEHOLD
Essential household electrical items such as washing machines, refrigerators, tumble driers and heaters.
WORK
The means to access employment; for example, purchasing a public transport season ticket or tools and equipment
SCHOOL
The means to access education; for example, purchasing a public transport season ticket or school uniforms
You cannot use the loan to finance the repayment of debts, or to meet other outstanding financial obligations
THE BASICS
NILS works directly with the suppliers of the goods or services. we do not not provide cash loans
We expect you to repay the loan over a period of not more than 24 months, but we do take into account your financial circumstances
We have respectful assessment and manageable payment processes
If we assess that you are in need of the item to be purchased, but you cannot make any loan repayments, we may in exceptional circumstances make you a grant
