Feb 14, 2024

HFLA Offers Interest-Free Loans to Jewish Borrowers

Exodus 22:24 decrees, “Thou shalt not exact interest from the needy among you.” Last week, Parashat Mishpatim reminded us that providing an interest-free loan is considered an even greater mitzvah than giving charity. For more than 30 years, the Greater Miami Jewish Federation Hebrew Free Loan Association of Miami (HFLA) has been dedicated to the value of interest-free lending. During that time, more than $4 million has been distributed through over 1,500 interest-free loans. HFLA offers four types of loans to cover a variety of expenses, including personal, business, fertility and adoption loans. Watch a short video about what the Torah says about interest-free loans. Click here to learn more about HFLA.