Financial information

The financial status of Paraloan

Current loans

As of the financial year ending June 2009, Paraloan had funds of $4.3 million invested in over 100 loans to people with physical disabilities.

 

$13.9 million has been lent out during the 35 years of the Foundation's existence.

 

Approximately 85% of loans are housing related, with the remainder being spread amongst vehicle, self-employment, debt repayment and miscellaneous loans. 

 

Income

Over the last seven years, approximately 75% of Paraloan's income came from instalment payments from existing loans, fundamentally interest charged on loans. The remaining 25% came from grants, donations and bequeaths.

 

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

 

Annual report

A copy of the June 2009 Annual Financial Report is available for download.

36th Annual Report

 

See also

Contact us

www.nzppdf.org.nz