The Power of Interest-Free Loans
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Give a loan.
SPARK a small business.
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Our Mission: Igniting the Sparks of Israeli Entrepreneurship
SparkIL is dedicated to fostering economic growth in Israel by enabling interest-free loans to small businesses. Our mission is to connect global lenders with local entrepreneurs to create a lasting impact.
Facilitating Growth Through Loans:
We provide a platform for interest-free loans of up to 100,000 ILS, helping small businesses in Israel overcome financial barriers and achieve their dreams, from local artisans and culinary entrepreneurs to social enterprises and hospitality businesses.
Driving Entrepreneurial Growth:
Since our inception, we have raised over 40 million ILS and supported 300 businesses, fostering job creation, community resilience and economic momentum across Israel.
Building Strong Alliances
We collaborate with various organizations, including financial institutions and community groups, such as synagogues, youth groups, and Jewish Federations, to maximize our reach and effectiveness. These partners help us ensure that every loan makes a significant impact.
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A Trusted Non-Profit
Founded by the Jewish Agency and Ogen, SparkIL operates as a non-profit platform facilitating peer-to-peer lending to support small businesses across Israel’s diverse landscape. We ensure transparency and accountability in all of our operations and are licensed by the Israel Capital Market Authority, further solidifying our commitment to responsible financial practices.
Be the Spark
Whether you’re an individual lender or a corporate partner, your involvement can make a difference. Join us in empowering Israeli entrepreneurs and driving economic growth. Learn more about becoming a partner by contacting us at partners@sparkil.org
Transparent and Impactful
100% of micro lending contributions go directly towards fueling businesses. Our peer-to-peer model ensures your impact is tangible.
Testimonials
#bringthemhome
We extend our heartfelt condolences to Jon Polin, a founder of SparkIL, and his family during this profoundly difficult time. We mourn with them the tragic loss of their son Hersh, who was cruelly murdered while being held hostage in Gaza by Hamas. Our thoughts are with the Polin family, and we continue to hope for the safe return of everyone still captive in Gaza.