San Diego County CA— Residents of San Diego County can apply for interest-free loans from Jewish Family Service of San Diego (JFS) for personal and business expenses aimed at improving self-sufficiency.
JFS’s Hand Up Loan program is designed to offer a hand-up, not a hand-out – meaning that loans must be used in relation to increasing recipients’ financial independence. Qualifying expenses include education, small business loans, business development, job training, car purchase or repairs, refugee/immigration resettlement and more.
“Our loan program is open to all San Diegans who are in need and want to live more successful lives,” said JFS CEO Michael Hopkins. “The loans are used for a variety of purposes – we’ve helped a local man earn his chauffer license and start a small company and enabled an East County family to buy agricultural equipment and educate themselves how to use it after the fires.”
The loan approval process takes an average of three weeks, from initial application to loan closing. Maximum loan amounts range from $3,000 to $7,500. Upon closing, applicants have up to 36 months to repay the loan by making monthly payments.
To qualify, applicants must live in San Diego County and have a verifiable source of income. For loans of up to $3,000, applicants must have one co-signer. For loans of $3,001 to $7,500, two co-signers are required. All co-signers must reside in Southern California.
To learn more, or apply for an interest-free loan, visit www.jfssd.org/loan or call (858) 637-3210.
About Jewish Family Service
Since 1918, Jewish Family Service of San Diego has been a trusted community resource for individuals and families working to build better lives. Operating throughout San Diego County and the Coachella Valley, the agency’s integrated services are focused around three goals: Empower Individuals & Families to Move Toward Self-Sufficiency, Support Aging With Dignity, and Foster Community Connection & Engagement. Many people first turn to Jewish Family Service with a specific need, such as job coaching or transportation, and that first contact often leads to a wide range of services, including counseling, education, nutritious meals, social connection, and more. JFS was named a 2016 California Nonprofit of the Year and has earned a ninth consecutive 4-star rating from Charity Navigator, America’s largest independent charity evaluator that highlights the work of efficient, ethical and open charities. To get help, volunteer, or to learn how JFS empowers change in our community, visit www.jfssd.org.