Olive Stanley Appointed My Money Kete Coordinator at Ngā Tāngata Microfinance
Auckland, New Zealand – 14/02/2025 – Ngā Tāngata Microfinance is pleased to announce the appointment of Olive Stanley as the new My Money Kete Coordinator starting on 3rd of March, 2025. With an extensive background in financial wellbeing and leadership, Olive brings a wealth of experience to the role, reinforcing the organisation’s commitment to empowering individuals and whānau through financial education and support. Prior to joining Ngā Tāngata Microfinance, Olive served as the Co-Director and Programme Manager for Mana Connections, where she successfully delivered the MC4 Youth Leadership Project before relocating to Australia. Her dedication to financial inclusion was further demonstrated during her nearly four-year tenure with Good Shepherd New Zealand, where she worked as a Financial Wellbeing Coach and later as a Projects Advisor – Financial Inclusion & Access. Vijay Farley-Naiker, General Manager of Ngā Tāngata Microfinance, expressed enthusiasm for Olive’s appointment: “We are delighted to welcome Olive Stanley to our team. Her extensive experience in financial capability, coaching, and programme development will be invaluable as we continue to grow and enhance the impact of My Money Kete. Olive’s commitment to empowering communities aligns perfectly with our mission, and we are excited about the contributions she will bring.” As…
Ngā Tāngata Microfinance Emphasises Importance of CCCFA and Responsible Lending to Protect Vulnerable Borrowers
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
Ngā Tāngata Microfinance Annual Report 2024
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 welcomes Vijay Farley-Naiker as new General Manager
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 appoints new CEO
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.