IFLA interest-free loans exist to assist people currently burdened by a pressing financial need for any number of reasons. These include business development, education, medical issues, housing, family life-cycle events, personal emergencies, disaster, or accumulated debt. IFLA loans are truly interest-free; there are no strings attached. Our primary concern is to assist the borrower while assessing his or her ability to repay the amount borrowed within agreed time period.
IFLA’s interest-free small business development loans may be compared with the modern micro-finance movement. However, whereas many, if not all, micro-finance programs in the world are tied to a micro-credit system that charges borrowers interest, IFLA loans, based on millennia of Jewish tradition, are completely interest-free.
How to Apply for an Interest-Free Loan at IFLA
Currently, IFLA lends approximately $20 million each year to individuals, families, and communities throughout the country and from all walks of life. On average we issue over 250 loans per month.
For application forms and details of the loans – click here