Search Results for: " Ogen "

Government backs social lender

Posted on August 16, 2020

Non-profit Ogen (reported here previously) is to distribute loans backed by state guarantees, as part of a push to help businesses struggling with the coronavirus pandemic. The guarantees enable Ogen to raise additional lending funds from philanthropy, impact investors, and … Continue reading →

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Plugging the funding gap

Posted on February 2, 2020

To help charities, the not-for-profit organization Ogen is to provide $70 million in bridging loans for non-profit organizations that are awaiting promised state funds from delayed 2020 budget. https://www.calcalistech.com/ctech/articles/0,7340,L-3780850,00.html

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Israel’s first social-impact bank

Posted on September 1, 2019

I reported previously (Jan 2012) on the Israel Free Loan Association, now called Ogen (Hebrew for Anchor). It has provided over $300 million in interest-free loans to some 60,000 low- and middle-income families and small businesses. It will soon provide … Continue reading →

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