Tuesday, March 28, 2006

Charitable loans

From both sources we can see the special value of giving loans, rather than outright gifts. Jewish law considers loans as generally the highest form of charity. Among the advantages of loans: they don't embarrass the recipient; they represent a "vote of confidence" that the person will eventually establish himself; and they don't cultivate dependency to the same extent as gifts do. Of course there are many cases where loans are impractical, but the above verses do remind us of their special value when applicable.

Interesting. I've never quite thought of it like that before.

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