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Hebrew Free Loan Society

Judaism, Christianity and Islam have various prohibitions on charging interest – and various ways around them. By Tamar Snyder This Saturday, synagogues will chant the Torah portion of Mishpatim, from the book of Exodus, which is the source for the injunction against charging interest to a fellow Jew: “When you lend money to my people,…

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Hebrew Free Loan Society

Shana Novick / Special To The Jewish Week For hundreds of years in Eastern Europe, traditional Jewish communities celebrated their key communal institutions by designating specific Shabbatot each year to honor the people who ran them. On Shabbat Yayera, for example, when the parsha describes how Abraham displayed exemplary hospitality to the three visiting angels, the leaders…

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Hebrew Free Loan Society

Binah Magazine published an article profiling our “new and improved” core business training course for ultra-Orthodox women, part of our comprehensive Microenterprise program for FSU immigrants and members of the ultra-Orthodox community. The article is written by acourse participant and highlights the goal of the course: to position entrepreneurs to succeed by offering soft and…

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Hebrew Free Loan Society

HFLS Board President, David Karnovsky, recently participated in an initiative of the New York-based Foundation for Jewish Culture that took him, along with three other top-level artists and professionals, to Jerusalem to work alongside Israeli and Palestinian professionals Read full article HERE.

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Hebrew Free Loan Society

Having compassion for others, especially those with disabilities, was something that Shana Novick and Ellen Lamonoff developed in their childhoods. That trait, that ability to see the dignity in all people, led to careers in human services and was rewarded December 16th when they received this year’s Zella Bronfman Butler Award, presented at an awards…

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Hebrew Free Loan Society

HEBREW FREE LOAN SOCIETY CELEBRATED A MAJOR MILESTONE OF AWARDING $220 MILLION IN INTEREST-FREE LOANS TO RESIDENTS OF THE NEW YORK METRO AREA Celebratory Benefit Held on May 24th Featured the Honorable Robert M. Morgenthau as the Guest Speaker and Honored New York’s Durst, Golden and Gribetz Families   NEW YORK, NY (June 1, 2010)…

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Hebrew Free Loan Society

Arkadiy Ugorskiy, a refugee from Russia, realized a couple of years ago that he faced a new and formidable obstacle to making it in the U.S. in the field of video production. Although Ugorskiy, who studied cinematography in a top Moscow studio, had succeeded against the odds in building his business “from nothing” after arriving…

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Hebrew Free Loan Society

Armed with microfinance loans, ultra-Orthodox housewives learn entrepreneurship When it came to Eva Longoria, the ultra-Orthodox women who gathered on a recent weekday morning for a crash-course in marketing drew a total blank. “Who is she?” asked one behatted, bespectacled woman, peering suspiciously at an ad for L’Oreal hair dye that was supposed to represent…

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Hebrew Free Loan Society

The highest degree of tzedakah, most famously articulated by Maimonides, is to help someone achieve self-sufficiency by means of a gift, an interest-free loan, or a partnership. Of these, only loans preserve the dignity of the recipient while also offering the possibility of enormous philanthropic leverage. That is why Central and Eastern European Jewish communities…

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