Archive:

December 2021

Beware high-interest Christmas loans: Fears families will face a festive ‘debt-spiral’

14 December 2021
CEO of Ngā Tāngata Microfinance Natalie Vincent is worried struggling families are going to end up in unmanageable debt this festive season as they look for ways to afford Christmas after a financially tough year. Read full article
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The secret ‘buy now, pay later’ consumer lender code of conduct you are not allowed to see

2 December 2021

Consumer Affairs Minister David Clark​ is refusing to release a draft code of conduct created by the buy now, pay later finance industry.

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His debt in her name: Economic harm in which lenders are complicit

In New Zealand, Canada, Australia and the United Kingdom, Friday is Economic Harm Awareness Day.

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Buy now pay later services stinging customers with late fees

A non-profit community lender is concerned at the impact of buy now pay later (BNPL) services. Ngā Tāngata Microfinance (NTM) say it’s getting so hard for the low-income people that they’re getting loans to pay their BNPL accounts.

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Ka Mākona. Income adequacy in Aotearoa New Zealand: Three Household Scenarios

23 November 2021

Kore Hiakai Zero Hunger Collective report.

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Pandemic fans flames of poverty plague

Aotearoa New Zealand is synonymous with terms such as ‘The Paradise of the Pacific’ or ‘The Land of Plenty,’ but more recently, we have witnessed its steady metamorphosis into a land of disparity.

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Financial support agencies join forces to encourage safer spending this Christmas

The impact on people facing hardship due to the ongoing lockdown has financial support agencies banding together to drive home the message – spend safely in the lead up to Christmas.

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Covid-19: Hardship support a ‘pittance’ that won’t help families in poverty, charities say

24 October 2021

Charities have slammed the government’s long-awaited lockdown hardship package as “disappointing”, saying it won’t help those most in need.

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Ngā Tāngata Microfinance ImpactLab GoodMeasure Report – September 2021

14 October 2021

An independent research report showing the social impact delivered by Ngā Tāngata Microfinance.

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Research shows that families, females, Māori and Pacific people hardest hit by lockdowns

13 October 2021

We know that many New Zealanders have been ‘doing it tough’ during the COVID-19 pandemic. Extended lockdowns, rising food costs and increasing unemployment have hit our most financially vulnerable citizens hardest of all – particularly families, females, Māori and Pacific people.

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