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Jewish Nevada launches interest-free Hebrew Free Loan program

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Posted at 1:55 PM, Feb 18, 2021
and last updated 2021-02-18 16:57:07-05

JFSA and Jewish Nevada, a nonprofit organization that serves as the representative organization for the more than 70,000 Jews in Nevada, have partnered to launch Hebrew Free Loan, a program that provides interest-free loans to Nevada’s Jewish community for a myriad of situational needs.

The Hebrew Free Loan program provides loans of up to $7,500 to low- and moderate-income residents of Nevada to help fund significant expenses that borrowers cannot meet with their own resources.

It can help cover expenses like starting a small business, car and medical payments, college tuition and books, IVF/adoption and more.

Loans are repayable in monthly installments for a maximum repayment term of 36 months depending on the loan amount. All monthly repayments begin one month after the loan is received and are made by electronic debit of a checking account.

For more information about Jewish Nevada’s new Hebrew Free Loan program or to apply for a loan, visit their website.