The International Association of Hebrew Free Loans (IAHFL) is an umbrella organization for Hebrew Free Loan societies, organizations that offer interest-free loans. There are members around the world, with most in North America. Each member organization has its own rules regarding such things as who may borrow, the maximum loan amount, and the repayment process. However, all offer loans without interest.
Hebrew Free Loan societies (such a society is also known as a Gemach) are based on the biblical injunction that Jews may not charge interest to other Jews in need, found in Exodus 22:25: "If you lend money to My people, to the poor among you, do not act towards them as a creditor; exact no interest from them."
The IAHFL provides a forum for independent free loan societies to interact, share information, and helps establish new Hebrew Free Loans. There is an annual conference hosted by a member organization.
The IAHFL produces a newsletter several times a year. Back issues are available at IAHFL newsletters.
Read more about International Association Of Hebrew Free Loans: Annual Conference
Famous quotes containing the words association, hebrew, free and/or loans:
“It is not merely the likeness which is precious ... but the association and the sense of nearness involved in the thing ... the fact of the very shadow of the person lying there fixed forever! It is the very sanctification of portraits I think—and it is not at all monstrous in me to say ... that I would rather have such a memorial of one I dearly loved, than the noblest Artist’s work ever produced.”
—Elizabeth Barrett Browning (1806–1861)
“Behold, thou art fair, my love; behold, thou art fair; thou hast doves’ eyes within thy locks: thy hair is as a flock of goats, that appear from mount Gilead.”
—Bible: Hebrew Song of Solomon 4:1.
“To assault the total culture totally is to be free to use all the fruits of mankind’s wisdom and experience without the rotten structure in which these glories are encased and encrusted.”
—Judith Malina (b. 1926)
“The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations.... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.”
—John Kenneth Galbraith (b. 1908)