HFLA of Northeast Ohio provides interest-free loans to promote the economic self-sufficiency and growth of Northeast Ohioans who are unable to access safe and fair lending resources.


HFLA of Northeast Ohio seeks to create a more equitable Northeast Ohio where everyone has equal access to capital and all residents can participate in the growth and prosperity of their communities.


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.