SparkIL is a platform connecting social lenders to marginalized small business owners in Israel, offering these business owners much-needed credit at fair terms while strengthening the lenders’ connection to Israel. It is the first peer-to-peer lending platform to enable individuals to support the small business of their choice in Israel. These loans will SPARK economic growth, social empowerment, and community bridge building. This will provide a unique opportunity to create a bond and direct relationship between Diaspora Jewry and members of Israeli society on the ground level.
SparkIL is a transformational tool that will allow JFN to expand their benefits to members while continuing to “improve the quality of their giving and maximize their impact”.
JFN Member Benefits:
- $25 to make your first loan on the SparkIL platform. A unique JFN code will be sent to all members that can be redeemed for 6 months.
- Loans will be matched dollar for dollar up to the first $10,000 from JFN members. This will reset on an annual basis – Loans made via the coupon are not eligible
- For every five loans a JFN member makes on SparkIL that is over $50, SparkIL will deposit $50 of loan credit back to the lender.