Boston Free Loan Society
Our interest-free loans are an alternative or supplement to appealing to friends, family, and government emergency “safety-net” programs.
We directly originate and administer loans.
To apply, please complete and return the Loan Application and Guarantor form.
We also make loans through other 501(c)(3) charitable organizations, who directly identify loan candidates, screen applications, and originate, disburse, and administer the loans, with repayments returning to the Fund. We welcome inquiries from: places of worship, social service agencies, other interest-free loan programs, and other charitable community organizations. Charitable Organization Loan Program details.
The loan fund has a fixed initial endowment. The borrower should consider that by repaying their loan they are making a direct personal contribution to the welfare of their neighbors.
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“If you lend money … , even to the poor among you , do not act toward them as a creditor; you shall not charge them interest.” – Exodus 22:24
“You shall not lend him your money at interest, or give
him your food for profit.”
– Leviticus 25:37
“You shall not cause your brother to take interest, interest of money, interest of food, interest of anything he may take as interest.”
- Deuteronomy 23:20
*Boston Free Loan Society is a DBA name for Fisher Family Free Loan Fund, Inc.
We are a 501(c)(3) nonprofit corporation, and an accredited member of the International Association of Jewish Free Loans (http://www.iajfl.org )
