Ogen

The Ogen Group, a not-for-profit organization, provides both interest-free and low-interest loans, as well as financial guidance, to people, small businesses and non-profits in Israel who are ill-served by the financial sector. Ogen’s various credit and financial mentoring solutions are all designed to improve financial opportunity and inclusion, creating a fairer and stronger economy for all Israelis. Having made more than 65,000 loans and lent more than $360 million since 1990, Ogen is now in the process of establishing the first digital, not-for-profit social bank in Israel, the first stage of which launched in January 2020.