Current loans
As of the financial year ending June 2024, Paraloan had funds of $3.5 million invested in 47 loans to people with physical disabilities.
$25.4 million has been lent out during the 51 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 and income derived from short-term investments. The remaining 31% came from grants, donations and bequests.
Annual report
A copy of the June 2024 Annual Performance Report is available for download.
Paraloan 51st Annual Report.pdf