Interest-free loans for people in Otago
Helping people avoid unsustainable debt, and where possible escape from it, since 1993.
The Moray Foundation is an independent registered charitable trust, established in 1993 by Presbyterian Support Otago. We provide interest-free loans to people in Otago to help them avoid unsustainable debt, and where possible, help them escape from it.
All applications for loans are channelled through budget advice services. This ensures that the person granted the loan is receiving on-going support and advice. The original capital was built up from donations and grants from community organisations. Since 1993 we’ve made over 600 loans with a total value of over a million dollars.
Loan repayments to the Moray Foundation Trust directly help another person or family with debt consolidation; health, welfare and education loans.
Our mission
To provide interest-free loans to people in Otago in order to help them avoid getting into unsustainable debt, and where possible, to help them escape from it.
Our vision
Community without unsustainable debt.
What people say
It helped me get back on my feet and stay that way.
Helping to get me out of debt- paying my bills.
I do not think anything needs improving. It helped me the way it is.
Thank you for the help
From the archive
Listen to Judy Marsh and Annette Harrex of Moray Foundation talk about what we do on Lending Matter‘s All Things Money podcast from July 2019:
