SPRINGFIELD – The Hebrew Free Loan Association of Greater Springfield proudly celebrates 20 years of helping Jewish community members survive economic challenges while maintaining their integrity and self-sufficiency.
In celebration of HFLA’s 20th anniversary, the Board of Directors would like to invite past HFLA loan recipients, Board members and the Jewish community to a Brunch on Sunday, June 9th at the Springfield Jewish Community Center, 1160 Dickinson St. in Springfield.
Two-hundred and forty recipients have benefitted from over $980,000 in funding. Directed by Elaine Geha and her dedicated board of volunteers, HFLA has helped recipients finance cars, send children to college, start businesses and negotiate numerous other financial obstacles.
It is the agency’s mission to offer interest-free loans to members of the Jewish community who face financial burdens and may not qualify for loans through traditional resources.
The Hebrew Free Loan Association of Greater Springfield, Inc. was established in 1993. Its founders, Harold Grinspoon, Charles Nirenberg, William Sadowsky and Allan Skole were committed to carrying on the enduring tradition of helping people help themselves, rather than making people objects of charity. These gentlemen pooled together $230,000 to begin their funding institution and in November of 1993, disbursed their first loan.
The recipe to HFLA’s success comes through the way the funds are recycled. The agency solicits donations, the donations are converted to loans and payments are put back into the pool to be loaned again.
HFLA loans can be used for a variety of expenses such as: Debt consolidation, Car purchase & Repairs, Funeral Expenses, Medical/Dental Expenses, Moving Expenses, Income/Property Taxes, Education expenses, Business start-ups, Summer camp, Bar and Bat Mitzvah celebrations, etc.
We welcome the Jewish community to be part of the Hebrew Free Loan’s mission.
More information can be found at www.hflaspringfield.org or by calling Elaine Geha at 413-736-6573.