Government backs social lender

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 institutional investors.

https://www.timesofisrael.com/finance-ministry-gives-social-lender-nod-for-government-backed-loans/

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