❓ A WA parliamentary question seeks details on the No Interest Loans Scheme (NILS) funding, performance, and loan values for administering organisations in 2015-16 and 2016-17. The answer provides specific figures for WA NILS and Mercy NILS.
AnsweredQoN 4289Legislative Council
QuestionView source ↗
I refer to the No Interest Loans Scheme (NILS) in Western Australia, and I ask: (a) what is the value of operational funding issued to each organisation administering NILS in 2016-17; (b) were performance based loan targets met by each of the organisations in 2015-16 and, if not, what are the details; (c) for each organisation receiving operational funding in 2015-16, what was the value of loans offered; and (d) in the 2015-16 financial year, how many loans were administered by each organisation receiving operational funding and what was the value of the loans underwritten?
AnswerView source ↗
Answered
11 October 2016
Responded by
Minister for Planning representing the Minister for Child Protection
Response time
56 days
(a) Two organisations are currently administering NILS in Western Australia for 2016-17:
ORGANISATION
ANNUAL FUNDING LEVEL
WA No Interest Network Inc (WA NILS)
$258,826
Mercy Community Services Incorporated NILS (Mercy NILS)
$258,826
(b) Loan targets achieved by organisation in 2015-16:
ORGANISATION
TARGET MET
WA NILS
173%
Mercy NILS
58%
(c) Value of loans offered by organisation in 2015-16:
WA NILS
MERCY NILS
Total value of loans
$923,510
$194,294
(d) Number of loans administered and the value of the loans underwritten by organisation in 2015-16:
WA NILS
MERCY NILS
Total number of loans
865
208
Total value of loans underwritten
See question (c)
See question (c)
ORGANISATION
ANNUAL FUNDING LEVEL
WA No Interest Network Inc (WA NILS)
$258,826
Mercy Community Services Incorporated NILS (Mercy NILS)
$258,826
(b) Loan targets achieved by organisation in 2015-16:
ORGANISATION
TARGET MET
WA NILS
173%
Mercy NILS
58%
(c) Value of loans offered by organisation in 2015-16:
WA NILS
MERCY NILS
Total value of loans
$923,510
$194,294
(d) Number of loans administered and the value of the loans underwritten by organisation in 2015-16:
WA NILS
MERCY NILS
Total number of loans
865
208
Total value of loans underwritten
See question (c)
See question (c)
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