Dallas Hebrew Free Loan Association
Dallas Hebrew Free Loan Association
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More about this organization
Mission
The Dallas Hebrew Free Loan Association (DHFLA) assists members of the Greater North Texas Jewish Community in need by providing interest-free loans. Through our no interest loans we seek to create a thriving and financially secure North Texas, North Central Texas and East Texas Jewish community.
About
Since 1935, the Dallas Hebrew Free Loan Association (DHFLA) has provided life-changing loans to members of the Greater North Texas Jewish community. As a social lender, we care deeply about providing financial opportunity and creating financial security for couples, families, individuals and small businesses in the North Texas, North Central Texas and East Texas Jewish community through our interest-free loan programs.
Our work is rooted in the Jewish tradition of Gemilut Chasadim, the giving of loving kindness, which sees helping people establish a financially secure future as the highest form of charity. Our zero interest loans provide peace-of-mind through the relief of immediate financial strains and give borrowers the opportunity to meet their challenges with dignity. DHFLA’s no interest loans ensure students can afford college, small businesses remain vibrant, Jewish community members can cover emergency expenses, parents can afford the experiences that deepen their children’s Jewish identities, individuals can get the medical treatments to cure what ails them, families with special needs can give their loved one the support they need, couples can become parents, and more.
DHFLA interest-free loans are funded entirely through community donations which continually recycle to others through loan repayments, creating many times the original value of the gift and supporting members of the Greater North Texas Jewish community in perpetuity.
Key Metrics:
Over $1,000,000 in loans to members of the community
100% loan repayment rate
10 loan types
Total Assets (2021): $1,772,226
Operating Budget: $153,000
90% of all donations are used for direct program activities.
