Current loans
As of the financial year ending June 2023, Paraloan had funds of $4 million invested in 52 loans to people with physical disabilities.
$25 million has been lent out during the 50 years of the Foundation's existence.
Approximately 92% 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 69% of Paraloan's income came from instalment payments from existing loans, fundamentally interest charged on loans. The remaining 31% 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 2023 Annual Performance Report is available for download.
Paraloan 50th Annual Report.pdf