The Benefits of Donating to a Money-Lending Gemach

The Chofetz Chaim recommends setting aside one-third of one’s maaser money to be used for loans. One fulfills the mitzvoh of tzedokoh when lending money to Jews or giving it to a lending gemach. Not only is it permissible to use maaser money to lend to others; it is even encouraged.[1] The only restriction is…

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The Benefits of Donating to a Money-Lending Gemach

Question: Answer: The Chofetz Chaim recommends setting aside one-third of one’s maaser money to be used for loans. One fulfills the mitzvoh of tzedokoh when lending money to Jews or giving it to a lending gemach. Not only is it permissible to use maaser money to lend to others; it is even encouraged.[1] The only…