New Israeli Impact Investing Vehicles

Ogen – Free Loan Fund, a JFN member that makes interest-free loans to Israelis in need, is now offering two new impact investing options.

The first new option, in partnership with Keshet DAF, Israel’s first-ever donor-advised fund (launched in 2019 by JFN Israel and partners), enables Keshet account holders to allocate a chosen sum (minimum ILS 100,000) from their fund toward an Ogen Impact Loan. The funds will be loaned out to small businesses and nonprofits through Ogen, before being returned, with 1 percent annual interest, back to the donor's Keshet DAF account after five years.

To learn more about the partnership between Ogen and Keshet, contact Noa Muttai-Kalif, Keshet's director of marketing, or David Angel, Ogen's VP of Partnerships.

The second new option is a social impact bond backed by a securitized ILS 50 million portfolio of loans made during the crisis. The bond (non-marketable) is comprised of three distinct tranches, allowing accredited investors to select their preferred risk return-liquidity profile. A residual equity tranche, derived from philanthropic funding, protects the entire portfolio up to a credit failure rate of 15 percent. Investments begin at ILS 1 million.

To discuss the investment terms further, contact David Angel, Ogen's VP of Partnerships.

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