No Interest Loan

MTC NILS (No Interest Loans)

Our No Interest Loans Scheme (MTC NILS) gives low-income individuals and families the opportunity to apply for a loan. It’s designed to help borrowers purchase energy/water-efficient whitegoods and other essential household items without having to worry about fees or interest charges.

MTC NILS works thanks to the recycling of a pool of money. Loans are issued, and as the repayments are made, the money becomes available for the next borrower.

Click here to receive 40-50% off a brand new fridge or TV