Page 2 - The Jewish Agency's Loan Fund

WHAT ARE JEWISH AGENCY LOAN FUNDS?
The Jewish Agency’s Loan Funds were initiated by
Jewish communities in the United States, and have
been successfully developing Israel’s economy since
2001. The Loan Funds program is operated by The
Jewish Agency’s Partnerships Unit, which also oversees
Partnership2Gether and a variety of projects that build
connections between Israeli communities and Jewish
communities around the world. Our most notable
partners in our Loan Fund initiative are the Jewish
communities of New York, Miami, MetroWest New
Jersey, Pittsburgh, Detroit, the Central Area Consortium,
and the Jewish Federations of North America.
The Loan Funds assist entrepreneurs and business owners
in Israel to open or expand their businesses, through loans
with highly attractive conditions. The Jewish Agency acts
as a partial guarantor for the loans, to support those
businesses that otherwise would have a difficult time
qualifying for loans or presenting the necessary collateral
for them.
There are currently eight different Jewish Agency loan
funds serving Israel, including full coverage of Israel’s
geographic and social peripheries. We place particular
focus on target populations including business owners
and entrepreneurs in the Negev, Galilee, and Jerusalem;
new immigrants to Israel; members of the Ethiopian-
Israeli community; the ultra-Orthodox population; and
the Arab-Israeli population.

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