oday, Bloomberg reported that Ogen, a non-profit bank (previously called Israel Free Loan), will offer affordable credit to poor clients in Israel. Ogen, a non-profit bank, will offer affordable credit to poor clients.
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For a donor wishing to maximize the impact of a contribution, a donation to a Free Loan Association makes a lot of sense. Recently the free loaning concept has been re-branded as microfinance and won notoriety, not to mention; a Nobel Prize. In the Jewish tradition this institution has existed since biblical times and referred […]
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