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Hebrew Free Loan Association of Northeast Ohio : ウィキペディア英語版
Hebrew Free Loan Association of Northeast Ohio

Hebrew Free Loan Association of Northeast Ohio (HFLA) is a non-sectarian 501(c)(3) non-profit organization that loans money interest-free to people who do not have easy access to other capital. The organization has made over 25,000 interest-free loans in Northeast Ohio.〔Mott, Kristen ("Hebrew Free Loan Association to mark 110 years Nov. 15" ), ''Cleveland Jewish News'', Cleveland, October 8, 2014〕 Between 97% to 99% of all funds loaned are repaid. 〔http://ech.case.edu/cgi/article.pl?id=HFLA〕
==History==

HFLA was founded in 1904 with $501 in capital donated by Morris A. Black, Charles Ettinger and Herman Stern. In the first year, loans ranged from $10 to $37 and were all repaid in full. In 1909, the organization made 700 loans, including 288 for peddling and huckstering, 86 for renting or purchasing horses and wagons, 119 for supply stores or pushcarts, 42 for starting a business, 62 for emigration purposes, 42 for hiring carpenters or painters, 18 for tools for mechanics, and 43 for tuition or other uses.〔http://www.hflaclev.org/2013/11/06/HFLA%20100%20Years.pdf〕
All loans are interest-free based on a Jewish biblical tradition. “If you go to the Torah, the highest form of tzedakah is not giving someone a gift of money, it’s giving someone the ability to help themselves,” said David Edelman, President of the Association. “Giving someone an interest-free loan is considered one of the highest forms of charity.”〔
In 1982, the Hebrew Free Loan Association of Northeast Ohio became an independent member of International Association of Hebrew Free Loans.〔

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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