Who We Are

ORIGINS OF THE FREE LOAN MOVEMENT

The Dallas Hebrew Free Loan Association was built on free loan associations known initially as “hevrot gemilut Hasadim,” established in Europe as early as 1749, and later in the U.S.

By the 19^th Century, free loan societies, were actively operated specifically by American Jewish communities and were critical to the promotion of Jewish economic growth and served as a financial lifeline to Jews requiring financial assistance.

Free loan associations were seen as honorable in contrast to traditional forms of charity which, according to writer Shelly Tennenbaum, were defined as “psychologically degrading and” perpetuating “poverty by encouraging dependency.”¹ The benefits of organizations such as DHFLA were praised by important philanthropists and Jewish business leaders such as banker, businessman and philanthropist Jacob Schiff who was regarded as the “guardian angel” of the free loan system.

¹ Shelly Tennenbaum, A Credit to Their Community: 1880-1945, Jewish Loan Societies in the United States (Detroit: Wayne State University Press, 1993), page 33.

​DALLAS HEBREW FREE LOAN ASSOCIATION TODAY

Today, DHFLA continues the tradition of providing interest-free loans to members of our Jewish community who need immediate help and those who are investing in their futures.

The success of our interest-free lending program continues to be a model for community support. DHFLA maintains a 100% loan repayment rate. As our loans are repaid, the dollars are lent again and again, enabling us to help a greater number of people and multiplying the impact of our work.

We are the only organization in Collin, Cooke, Dallas, Denton, Ellis, Erath, Fannin, Grayson, Hood, Hunt, Johnson, Kaufman, Montague, Palo Pinto, Parker, Rockwall, Somervell and Wise Counties, and any other county inclusive of Wichita Falls, Texarkana, Tyler, Waco and Longview, Texas that provides interest-free loans for a variety of purposes to members of the Jewish community. From loans for adoption and fertility treatments, emergencies, and general needs, to healthcare, higher education, Jewish experiences, small business expenses and special needs, DHFLA helps the Greater North Texas, North Central Texas, and East Texas Jewish community navigate economic challenges and affordably pursue dreams.