Fair Loans Foundation and Nahri - Beckley, Bluefield & Lewisburg News, Weather, Sports

Fair Loans Foundation and Nahri

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Mercer County Schools hold a meeting regarding this coming years levy rate

    Mercer County Schools hold a meeting regarding this coming years levy rate

    Tuesday, April 15 2014 11:41 PM EDT2014-04-16 03:41:37 GMT
    The Mercer County Board of Education held a meeting on Tuesday regarding the 2014 and 15 school year levy rate. The levy is the funding system for all schools in West Virginia. The rates proposed are
     
    The Mercer County Board of Education held a meeting on Tuesday regarding the 2014 and 15 school year levy rate.



     
  • Would stiffer penalties for DUI's save more lives?

    Would stiffer penalties for DUI's save more lives?

    Tuesday, April 15 2014 7:04 PM EDT2014-04-15 23:04:54 GMT
    Driving under the influence in Mercer County. Authorities told us they're seeing it far too often lately. People we've been talking to say they believe stiffer penalties for DUI's could save lives. On
    Driving under the influence in Mercer County. Authorities told us they're seeing it far too often lately.
  • Skeletal remains found Wyoming County

    Skeletal remains found Wyoming County

    Tuesday, April 15 2014 7:04 PM EDT2014-04-15 23:04:35 GMT
    On April 10th a search warrant was executed on the property of Oscar Combs Senior on the Bud Mountain area of Wyoming County. State police found skeletal remains of an unidentified human on the backside
    State Police found skeletal remains on a man's property in Wyoming County.

Fair Loans foundation is extremely pleased to announce its association with Nahri-a-not-for profit organisation to further its goal of helping the Muru community.

Sydney, Australia – February 10, 2014 /MarketersMedia/ —

The Fair Loans Foundation is extremely pleased to announce a new partnership with Nahri – a not-for-profit organisation dedicated to closing the Gap for Indigenous Australians.

The partnership is one of the initiatives that Fair Loans has been deploying as a part of the Australian Government’s Community Development Financial Institutions pilot, which aims to improve the financial knowledge and resilience of vulnerable individuals and their families. This pilot was established by FaHCSIA and is now managed by the department of Social Services headed by Federal Minister the honourable Kevin Andrews MP.

‘Through our relationship with Fair Loans we can offer fair, affordable loans, to the Aboriginal and Torres Strait Islander community who often aren’t serviced by the mainstream banks’, says Paul Paulson, CEO of Nahri.

“People are applying through an organisation they know and trust; who understands their particular circumstances and has enormous local credibility,” said Mr Paulson.

Fair Loans is part of a long term strategy to assist vulnerable Australians out of the poverty cycle.

The personal loan program is designed to help people get their lives back on track; however the scheme offers much more than a loan. ‘Nahri will be able to provide tailored, realistic financial literacy training to help people make sound financial decisions. For many people in the community, it’ll be their first formal loan, so it’s crucial to know about budgeting and managing repayments’ he continued.

Fair Loans Foundation CEO Justin Hatfield says ‘Our key strength is in providing emergency funding to those who are unable to access credit from mainstream institutions. We want to provide this service to as many Australians as possible and are excited about the partnership with Nahri, who have a successful track record in providing services to communities in Queensland. Mr Hatfield believes that ‘Nahri ‘s network of over 145 hubs throughout Northern NSW and Queensland provides a great opportunity to assist many more members of the Indigenous community than we have been able to reach so far.’

Since 2008, Fair Loans has been assisting vulnerable Australians out of the poverty cycle and towards financial inclusion. Local Mununjali Elder, Aunty Delores Paulson, welcomed the partnership which would help make a real difference to peoples’ lives. ‘It will help them on the right financial path, improve job prospects and build self-esteem’. ‘This program is another example of how strong partnerships between government, business and community can produce positive results for the local community,’ Aunty Delores said.

For more information about us, please visit http://fairloans.org.au

Contact Info:
Name: George Mathew
Email: jhatfield@fairloans.org.au
Address: GPO BOX 2175 SYDNEY NSW 2001
Phone: 1300 727 006
Organization: Fair Loans Foundation Pty Ltd

Source: http://marketersmedia.com/fair-loans-foundation-and-nahri/33055

ReleaseID: 33055