Given appropriate support, people on low incomes can save, build assets and repay debt. At the Brotherhood we believe it is essential that low-income earners are included in the economic life of the nation, with access to affordable, appropriate financial services.
By offering saving and small loans programs, we give low-income earners the chance to build assets. We’ve adopted a microfinance model, which gives low-income earners the opportunity to save, take out more manageable loans and gain control of their finances.
Through running education programs and providing access to finance, we are helping to improve financial literacy.
The Brotherhood is assisting Australians to actively manage their money through:
- programs that encourage saving, provide financial literacy education and offer small personal loans
- research that helps us assess the effectiveness of our programs and lobby for fairer and more accessible financial services.