Financial information

The financial status of Paraloan

Current loans

As of the financial year ending June 2011, Paraloan had funds of $4.8 million invested in over 100 loans to people with physical disabilities.

 

$16.03 million has been lent out during the 38 years of the Foundation's existence.

 

Approximately 91% of loans are housing related, with the remainder being spread amongst motor vehicles, self-employment, debt repayment and miscellaneous loans (eg wheelchairs, household goods etc). 

 

Income

Over the last ten years, approximately 67% of Paraloan's income came from instalment payments from existing loans, fundamentally interest charged on loans. The remaining 33% came from grants, donations and bequests.

 

Some income is derived from short-term investment, which varies from time to time.

 

Annual report

A copy of the June 2011 Annual Financial Report is available for download.

38th Annual Report

 

See also

Contact us

www.paraloan.org.nz