Hebrew Free Loan Society Inc.

THE HEBREW FREE LOAN SOCIETY (HFLS) FOSTERS ECONOMIC STABILITY AND OPPORTUNITY FOR LOWER-INCOME NEW YORKERS THROUGH INTEREST-FREE LENDING. HFLS LOANS MAKE AN IMMEDIATE, CONCRETE DIFFERENCE IN THE LIVES OF OUR BORROWERS, ENABLING THEM TO INVEST IN THEIR EDUCATION, START A BUSINESS, BUILD A FAMILY AND MEET EMERGENCY EXPENSES. HFLS IS NON-SECTARIAN; OUR BORROWERS REPRESENT NEW YORK'S DIVERSE JEWISH AND NON-JEWISH COMMUNITIES. SINCE ITS FOUNDING IN 1892 HFLS HAS PROVIDED OVER $300 MILLION IN LOANS TO MORE THAN 875,000 BORROWERS WHILE MAINTAINING A REPAYMENT RATE OF 99%. AS HFLS LOANS ARE REPAID, THE CAPITAL IS LENT OUT AGAIN AND AGAIN, HELPING MORE PEOPLE AND MULTIPLYING THE IMPACT OVER TIME.