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An illustrative view of Israel's currency. Ogen works as a nonprofit loan fund that provides affordable credit to disadvantaged segments of the Israeli public, aiming to increase upward economic mobility for low- and middle-income families, as well as small-business owners. Source: RJA1988/pixabay.com

First Israeli nonprofit bank to provide life-changing loans as a ‘national mission’

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Originally established to help new immigrants from Ethiopia and the former Soviet Union adjust to their new lives in Israel, the Ogen Group, formerly known as the Israel Free Loan Association (IFLA), is working to...