To slow the spread of the coronavirus and save lives, Israel has essentially shut down. For the past three weeks, schools, kindergartens, offices, restaurants, stores and public transport have been in total lockdown.  New restrictions are added every couple of days. 

The effects of the crisis on Israel’s economy are already severe. Over a million Israelis, 24% of Israel’s work force, are now unemployed.

Israel’s Finance Ministry forecasts losses of ILS 90 billion ($24 billion) over the coming weeks. Small businesses, self-employed people, freelance and shift workers are especially struggling. 

  • Ogen is fully serving our borrowers while our team is restricted to working from home
  • Any Ogen borrower (11,000 in total) who requests loan relief is receiving a reduction in monthly repayments for the next 3 months 
  • An emergency loan track has been added to quickly approve loans of ILS 100k ($25k) to small businesses fighting to survive
  • A guarantor-free emergency loan for at-risk non-profit organizations was launched this week (in partnership with the Jewish Agency for Israel)
  • Ramped-up emergency mentoring for both small business owners and non-profit CEOs is being provided by Keren-Shemesh (part of the Ogen Group) 

While demand for loans is increasing daily, Ogen has lent out nearly all available funds.

At the same time, we are actively providing loan relief for many borrowers who have been laid off. 

As a result, we actually have ILS 1 million ($250,000) less to lend each month, at the precise moment that more and more people are in need. At the current rate, within 30 days we may have no available funds to continue lending. 

We need your continued support to not turn people away at their time of need.

General donations will go directly towards interest-free loans to low-income Israeli individuals and families facing this sudden financial emergency. To learn more about Ogen’s work lending to and mentoring small businesses and non-profits, please contact us here.

Donate Now !

I would like to donate and receive a tax deduction in:

Contributions can be made via:

  • Credit card
  • Check
  • Bank transfer
  • Transfer of Israel Bonds, annuities, etc.

ISRAEL

Checks should be made payable to “Ogen – Israel Free Loan Fund” and mailed to:

Ogen – Israel Free Loan Fund
POB 10424
Jerusalem 9110401

We’re grateful for every gift. In this current “work from home” climate, donations via credit card or bank transfer are the best route to ensure your support gets through. If you send a check, please let us know by email so we can track it.

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap.

USA

Checks should be made payable to “American Friends of Ogen – Israel Free Loan Fund” and mailed to: 

American Friends of Ogen – Israel Free Loan Fund
2330 Milton Road
University Heights, Ohio 44118 

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap. 

GREAT BRITAIN

Checks should be made payable to “British Friends of Ogen – Israel Free Loan Fund” and mailed to :

British Friends of Ogen – Israel Free Loan Fund
c/o Mr. Kenneth Keller, 
25 Lodge Avenue
Borehamwood
Elstree, Herts 
WD6 3NA

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap.

CANADA

Checks should be made payable to the “Canadian Friends of Ogen – Israel Free Loan Fund” and mailed to:

Canadian Friends of Ogen – Israel Free Loan Fund
c/o Mr. Mark Borer
570 Bay St.
Unit 2202
Toronto, ON  M5G0B2

Bank Transfer: For data security we cannot list bank account details publicly. Please email and a member of our team will provide bank transfer details asap.

CONTACT

Email: development@ogen.org
Phone: +972 2 530 0787. Alternatively, to reach our Israel office toll-free from the US dial 212 203 0055.