SEP 18, 2025 JLM 64°F 07:19 AM 12:19 AM EST
SparkIL launches $2.7m loan fund for Israel’s war-torn north

For a loan as nominal as $25, lenders worldwide have a tangible way to directly help the Israeli people

With Hezbollah’s attacks in Lebanon escalating and Israel now facing the prospect of a multi-front war, the peer-to-peer lending platform SparkIL has expanded its support for Israel’s small-business owners by launching a NIS 10 million ($2.7 million) emergency loan fund for businesses based in the north.

Home to approximately 90,000 of the 660,000 small- and medium-sized businesses across the country, the north has long been overlooked as a crucial contributor to Israel’s economy. Small businesses there employ 500,000 people, some of whom have been evacuated since the terrorist attacks in October and the widening of the war front. Thousands of businesses on the northern border have been abandoned for months.

Two months after the Oct. 7 attacks, SparkIL launched an emergency fund of NIS 10 million (about $2.7 million) for small businesses in southern Israel that were affected by the war with Hamas in Gaza. That effort has rallied more than 2,000 microlenders worldwide to contribute about $5.5 million to more than 300 businesses. Now, it has doubled down on that initiative with a newly announced fund dedicated to assisting businesses in the increasingly beleaguered north. Owners or other self-employed individuals there are eligible for an immediate, interest-free loan of up to NIS 100,000 ($27,000) per business.

Read more
Did you find this article interesting?
#Support for Israel
Comments
To leave a comment, please log in

DISCOVER MORE

BREAKING NEWS Palestine = PLO = Hamas ISRAEL - IRAN WAR The Iran Threat "Iron Swords" - War in Gaza Prime Minister Netanyahu Operation Northern Arrows War in Syria Jihadi Infiltration into the USA Trump Administration 10/7 Massacres Trump against Harris 2024 Jihadi Infiltration into the West US 2024 Elections American Jihad Trump-Vance 2024 Biden Administration Heroes of Israel Israeli "Pagers Operation" Idiots for Palestine Biblical Archaeology Security Threat to America IDF Hostage Rescue "Operation Arnon" Kamala Harris 2024 THE KEDAR VIDEO Stories from "Swords of Iron" US Department of Government Efficiency (DOGE) The Battle for Rafah Operation: Long Arm in Yemen USAID Scandal Hamas The Bible Hezbollah Israeli Technology Muslim Persecution of Jews The 301 Daily War Analysis IRANGATE: Harris Collusion with Iran