Micro-lending

Hi,

It's better to issue multiple small loans than one big loan. However, this may not be true where the big loan would meet an individual's total needs, and the small loans would not meed any recipient's total needs.

(Rambam to Pirkei Avot 3:15; Pitchei Choshen, Halvaah 1:8 and footnote 23)

Have a great day,
Mordechai

Priority among loan recipients

Hi,

Priority for receiving a loan goes first to the indigent. Among indigent recipients, priority goes first to family, and then to local residents.

(Ahavat Chesed 6; Pitchei Choshen, Halvaah 1:3)

Have a great day,
Mordechai