Archive: News & Media

Ngā Tāngata Microfinance, a non-profit organization committed to supporting financially vulnerable New Zealanders, welcomes the Commerce Commission’s recent penalty against a lender charging up to 182.5% interest on high-cost loans. The Commission has imposed a $200,000 penalty, underscoring the critical role of the Credit Contracts and Consumer Finance Act (CCCFA) and responsible lending practices in protecting vulnerable borrowers from exploitative financial practices. Considering the penalty Interest charged by that lender, Ngā Tāngata Microfinance reaffirms its commitment to offering ethical, interest-free loans designed to provide New Zealanders with a “hand up” rather than a “hand-out.” The organisation also stresses the vital importance of robust regulatory frameworks like the CCCFA to prevent predatory lending practices that can trap vulnerable borrowers in cycles of debt. See full Press Release below: Press Release

Our new General Manager Vijay Farley-Naiker and Board Chair Racheal Monks and Trustees hosted our Annual General Meeting on Friday. We want to start by acknowledging the incredible work of our whānau, our board, and our partners—those who have been instrumental in driving our kaupapa forward and uplifting our communities, step by step. A heartfelt thank you to Kiwibank, Booster Foundation, Foundation North, Tech, Ministry of Social Development (MSD), and all of our generous private donors. Your continued support is vital to the success of the mahi we do, and we couldn’t make the impact we do without you. Ngā Tāngata Microfinance was founded by Dr. Claire Dale with a clear vision: to empower those in our communities who often face barriers to accessing traditional financial systems. For us, finance is not just about numbers—it’s about creating opportunities, building resilience, and fostering independence. Despite the progress we’ve made, we know that many in our communities still face challenges, and we are here to make a real difference. Reflecting on the past year, We are incredibly proud of what we’ve achieved: We received 324 applications through our Financial Mentor network, with 62% of these approved—resulting in 201 loans issued, totalling $603,896….

Ngā Tāngata Microfinance Trust is excited to announce the appointment of Vijay Farley-Naiker as its new General Manager. Vijay joins the Trust from Good Shepherd New Zealand, where he served as the Manager – Good Loans for over 4.5 years.

Ngā Tāngata Microfinance Trust (NTMT) is pleased to announce the appointment of Jade Tapsell (Tapuika, Ngati Whakaue, Ngati Pikiao and Ngati Ranginui), as Chief Executive Officer of Ngā Tāngata Microfinance Trust.

"We especially believe financial education should be classified as a human right because households who take greater control over their finances are more likely to enjoy financial success, even during difficult times. Financial education is a survival skill. You simply cannot thrive in today's modern economy without an understanding of money." Read the Declaration

Ngā Tāngata Microfinance CEO Natalie Vincent joins Dr Alexander Stevens on Back Chat with James King, talking money and financial capability in Aotearoa. Listen here

Ngā Tāngata Microfinance CEO Natalie Vincent joins Wallace Chapman on The Panel to discuss the recent Retirement Commission research report which contains recommendations for improving the inequities in our current system. Listen here

Retirement Commissioner Jane Wrightson said a comfortable retirement was not a sure thing anymore. Read full article

The perils of paying later. Ruairi O'Shea from Consumer NZ explores the perils of Buy Now Pay Later and speaks with one of Ngā Tāngata Microfinance's clients about her experience. Read full article

Ngā Tāngata Microfinance Trust celebrates 1000 loans approved to low-income New Zealander's across Aotearoa. $2.5million worth of microloans, supporting 1000 Kiwi and their whānau.  With more we can do more ... Read full article