Angel Fund

The Dunedin YWCA Angel Fund is a micro credit loan fund which was set up in 1997 in response to the growing need for a women’s development fund.

The aim of the Angel Fund is to assist women to financial dependence and move into greater self reliance and independence for themselves and their families through educational, business and personal development.

The Angel Fund is a pool of funds made up of…

  • Money loaned by the women of Dunedin community, the ‘Angels’
  • Grants and donations made to the fund
  • The loan pool money is loaned, recovered and re-loaned. At this stage over 700 loans have been issues, upwards of $400,000 has circulated through the Angel Fund Loan process.

The fund seeks to support women who are not able to access funding from conventional sources, usually due to insufficient income, lack of traditional forms of security or current debt encumbrance.

Loans are from $100 – $2,500, with repayments from $10-$20/week.

The application process is very user friendly. Applications are accessed individually and forms are filled out with the Angel Fund coordinator during an interview. A budget and clear plan is all that we are looking for in the interview.  About 50% of enquiries become borrowers, and the co-coordinator works with those who do not fit Angel Fund criteria to try and find the alternative support and assistance.

A key part of the Angel fund process is the ongoing support that borrowers receive from the co-coordinator, this support is often noted as a key to women succeeding in their goals, and is a key part of the Angel Fund process.  Please visit to read about some of our borrower stories.

The ongoing goal of the Angel Fund is develop additional support, training and mentoring programs for Dunedin women as part of the Angel Fund. The Angel Fund and greater YWCA networks also provide an opportunity for women to promote and support each others ventures.

Ana Mapusua is our Angel Fund Coordinator, contact her at or visit

YWCA of Dunedin New Zealand

03 479 0600