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FREE LOAN eNOTES
March 2006
SMALL BUSINESS LOAN PROGRAMS
The Jewish Free Loan Association embodies the highest level of charity, enabling loan recipients to become self-reliant. Today, after more than 100 years of service to the community, the original vision of helping people to help themselves remains at the core of our work, and nowhere is that principle more evident than in the thriving small businesses that have benefited from JFLA's Small Business Loan Programs . Since its inception, the small business loan program has distributed more than $3.8 million in interest-free loans to entrepreneurs throughout the Greater Los Angeles area. The entrepreneurs and their businesses represent a wide spectrum of Los Angeles culture, including a comic book store, a salon and day spa, a graphic designer, an organic gardening business, a Curves franchise, a flower shop, an Iranian Jewish newspaper, and many more. JFLA's small business loan programs include:
- Alisa & Aron Abecassis Small Business Loan Fund ~ Providing loans to Jewish entrepreneurs over the age of thirty who are starting a new business.
- Max & Anna Baran, Ben & Sarah Baran & Milton Baran Small Business Loan Fund ~ Providing loans to recent Jewish immigrants to jumpstart a business.
- La Kretz Small Business Loan Fund ~ Providing loans on a non-sectarian basis to establish or expand small businesses.
- Sylvia & David Weisz Entrepreneurial Loan Fund ~ Providing loans to young, budding entrepreneurs.
If you or someone you know, is in need of a loan to start up or expand a small business, please contact (323)761-8830 or info@jfla.org.
FREE LOAN STATS
JFLA is proud to continue making loans that are relevant to today's community needs. Since January 2006, JFLA has distributed over $600,000 in interest-free loans, an 11% increase from the prior year. Loans distributed so far this year include 5 for small business, 28 for graduate students, 20 for undergraduate students, 3 for adoption/infertility, 5 for Israel experience and over 45 for emergency needs.
JFLA WISH LIST
The following are a few items on JFLA's wish list:
Items for our June e-auction, which will raise operating income for JFLA. Our goal this year is to auction off 100 items. Examples of items include celebrity and sports memorabilia, event and concert tickets, designer clothing, watches or jewelry, time share weeks or points, etc.
- Digital camera for photographing events and loan recipients for promotional materials.
- Coffee carafes, beverage pitchers, serving trays for meetings.
- A contribution of $2,500 to fund an additional undergraduate or graduate student loan this year.
If you would like to contribute or want more information, please contact (323)761-8830 or info@jfla.org.
THANK YOU JFLA
“Thank you for your astonishing goodness to me.”
“If it was not for your loan to us, we would have been evicted. We are forever grateful.”
“I would like to thank you for all your support and help. I sincerely appreciate it. I'll recommend you to anyone who needs help.”
-Emergency Loan Recipients
ABOUT JFLA
The Jewish Free Loan Association is a nonprofit agency offering assistance to people of all faiths facing financial challenges. For over 100 years, JFLA has provided a helping hand instead of a handout to hundreds of thousands of people through interest-free loans for emergencies, education, developing small businesses, healthcare and life cycle events. JFLA is a source of economic justice in the community . The assistance JFLA provides is unique and invaluable, providing cash in hand while empowering borrowers. JFLA loan programs change lives and save lives, working to fight poverty and help make dreams come true.
Jewish
Free Loan Association
6505 Wilshire Boulevard, Suite 715
Los Angeles, CA 90048
(323) 761-8830
www.JFLA.org
OR
22622 Vanowen Street, West Hills, CA 91307
(818) 464-3331
Alan
Spiwak, President
Mark M. Meltzer, CEO
Evelyn Schecter, COO
Danielle Walsmith, Director of Communications
JFLA is an agency of the United Way and the Jewish Federation
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