Search Results
Found 1 Results for Selected Options
Organization Name: Hebrew Free Loan Fund
Organization Overview: Hebrew Free Loan story for us all
Can there be a more frightening experience than waking up one day to find your comfortable life falling apart? I asked myself that question about the well-dressed man who walked into the Hebrew Free Loan office recently in search of help. Suddenly unemployed and in the job market, he had just found work at a much lower salary, and was unable to meet the mortgage payments on his suburban Detroit home. Facing bankruptcy, the life that he and his family had known seemed over.
“I don’t belong here,” he said. “But I have nowhere else to turn.”
Here is where HFL comes in. Our goal is to provide all the individuals who walk in our door with dignity and respect. No judgment, just help. That’s Gemilut Chasidim, or acts of loving kindness. It’s about helping people help themselves. Whether we’re offering people a way out of their financial distress, or helping someone to realize a lifelong dream, our recipients are given the opportunity to achieve self-sufficiency and comfortably repay their interest-free loans.
And the best part about it is that our 98.5 percent payback rate from loan borrowers allows HFL to redistribute funds to others in need.
Language: English
Cultures: Jewish
Street: 6735 Telegraph Road, Suite 300
City/Township: Bloomfield Hills
State: MI
Zip Code: 48301
Country: USA
Phone: (248) 723-8184
Fax No: (248) 723-4809
Email: info@hfldetroit.org
Website: https://www.hfldetroit.org/
