Nelson Enterprise Loan Trust - Ethical Investment and Loan Trust


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About NELT

The Nelson Enterprise Loan Trust is a Charitable Trust registered under the Charitable Trusts Act 2005.*

*The Securities Act (Charitable and Religious Purposes)
Exemption Notice 2003 (SR2003/66), exempts NELT from
the need to issue a prospectus and appoint a Trustee.

NELT's trustees are,

Glenys MacLellan (Chair) - Financial administrator for the Beneficiaries and Unwaged Workers Trust.

Graeme Todd - Retired chartered accountant.

Ian McLean - Has taught accounting, economics and small business management including 14 years at the Nelson Marlborough Institute of Technology.

Peter Rigg - Formerly a manager of a branch of Trust Bank. Now a co-owner of Page and Blackmore, booksellers.

Linda Liddicoat - Previously a lecturer and researcher at Otago University then at Nelson Marlborough Institute of Technology for 20 years. She is currently a research and business consultant.

Trevor Houghton - a former Financial Advisor, now a private investor with experience in numerous businesses.

and Bruce Dyer BCA(Hons)- NELT`s manager


Glenys MacLellan	Graeme Todd	Ian McLean	Linda Liddicoat

Peter Rigg	Bruce Dyer	Trevor Houghton

	What are NELT`s Business Objectives?
	- To assist new and emerging businesses achieve long-term success by giving them access to capital at the time it's most needed. - To benefit the whole community, by assisting socially and environmentally responsible enterprises that generate employment and allow skills and profits to be retained in the region. - To enhance regional prosperity by contributing to the Nelson Tasman Regional Economic Development Strategy.
	How is Nelt Funded?
	"More than 80% of NELT's administration costs comes from interest on loans and investments. The balance comes from grants and donations from individuals, community organisations, businesses and local and national government."

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