Ogen Group hopes to become Israel's first social bank, as pandemic highlights how traditional lenders prefer bigger, less risky businesses over small enterprises

Ogen will now be able to start giving small businesses, non-profits, loans backed by government guarantees, which will help the non-profit to raise funds

Nonprofit Ogen social bank seeks to fill gap with philanthropy-backed loans, but much more is needed to battle financial squeeze caused by pandemic

Ogen Group says funds will also be used to provide low interest and no-interest loans to nonprofit organizations and unemployed and furloughed workers

Ogen, a nonprofit, takes on added risk to allow hairdressers, tour guides and the like to get loans to tide them over during coronavirus crunch

Ogen wins license to start providing low-interest loans to consumers who have been sidelined by traditional banking system

Ogen, a provider of interest-free loans to immigrants and the needy, now seeks to broaden its scope by offering more people low-interest loans as an impact-investment bank