The mission of HFLA of Northeast Ohio is to provide interest-free loans to address the financial challenges of residents of Northeast Ohio who lack access to traditional lending sources.


Empowering individuals of Northeast Ohio to become economically self-sufficient and financially secure.


HFLA began in 1904 with Charles Ettinger, Morris Black, and others who saw the need of providing interest-free loans to the growing immigrant community. They pooled together $501 of their own money to help European Refugees settle in America and lead productive lives. 115 years later the need for non-sectarian interest-free lending remains relevant. Today, HFLA continues to make a large impact in Northeast Ohio through education, personal and small business loans. The organization is set up as a revolving loan fund; money that is paid back monthly is then lent out to other people in the community – recycling dollars in the community, multiplying the impact of each donation tenfold in less than a generation.


Our organization earned a 2020 Platinum Seal of Transparency by sharing our key metrics and highlighting the impact we’re making. Check out our updated nonprofit profile on Guidestar.