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Mekimi
Mekimi is a non-profit organization operating in Israel aimed at assisting families in financial distress so that they may regain their economic independence. Based in Jerusalem and established in 2011, Mekimi is not a sectorial organization yet the majority of families seeking help from Mekimi come from the National Religious segment. Mekimi works with the families and professionals such as lawyers, accountants, mortgage brokers, and even marriage counselours to restructure family debt which has so far included cases between 20 000NIS to 500 000NIS. One of Mekimi's unique features is to galvanize the community around the family in financial crisis and without the community knowing specifically who is being helped. Mekimi raises money to help the family settle debts from banks, lenders and even loan sharks and also teaches them to reduce usage or altogether stop using credit cards, cheques. The service is given free of charge. In April 2014, Petah Tikva Petah Tikva ( he, פֶּת ...
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Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea, and shares borders with Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. Israel also is bordered by the Palestinian territories of the West Bank and the Gaza Strip to the east and west, respectively. Tel Aviv is the economic and technological center of the country, while its seat of government is in its proclaimed capital of Jerusalem, although Israeli sovereignty over East Jerusalem is unrecognized internationally. The land held by present-day Israel witnessed some of the earliest human occupations outside Africa and was among the earliest known sites of agriculture. It was inhabited by the Canaanites ...
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Jerusalem
Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. is a city in Western Asia. Situated on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea, it is one of the List of oldest continuously inhabited cities, oldest cities in the world and is considered to be a holy city for the three major Abrahamic religions: Judaism, Christianity, and Islam. Both Israelis and Palestinians claim Jerusalem as their Capital city, capital, as Israel maintains its primary governmental institutions there and the State of Palestine ultimately foresees it as its seat of power. Because of this dispute, Status of Jerusalem, neither claim is widely recognized internationally. Throughout History of Jerusalem, its long history, Jerusalem has been destroyed at least twice, Sie ...
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Religious Zionism
Religious Zionism ( he, צִיּוֹנוּת דָּתִית, Romanization of Hebrew, translit. ''Tziyonut Datit'') is an ideology that combines Zionism and Orthodox Judaism. Its adherents are also referred to as ''Dati Leumi'' ( "National Religious"), and in Israel, they are most commonly known by the plural form of the first part of that term Datiim ( "Religious"). The community is sometimes called ''Kippah seruga'', literally, "Knitted kippah", the typical head covering which is worn by Jews, Jewish men. Before the establishment of the State of Israel, most Religious Zionists were observant Jews who supported Zionist efforts to build a Jewish state in the Land of Israel. Religious Zionism revolves around three pillars: the Land of Israel, the People of Israel, and the Torah of Israel. The Hardal ( ''Ḥaredi Le'umi''; lit., "Nationalist Haredi") are a sub-community, stricter in its observance, and more statist in its politics. Those Religious Zionists, who are less strict in the ...
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Loan Shark
A loan shark is a person who offers loans at extremely high interest rates, has strict terms of collection upon failure, and generally operates outside the law. Description Because loan sharks operate mostly illegally, they cannot reasonably expect to be able to use the legal system to collect such debts, they often resort to enforcing repayment by terms of blackmail and threats of violence. Historically, many moneylenders skirted between legal and criminal activity. In the recent western world, loan sharks have been a prominent feature of the criminal underworld. Loan sharking is not to be confused with predatory lending with extremely high interest rates such as payday or title loans, which is sometimes considered to be "loan sharking" (or, at least, unfavorably compared to loan sharking by critics) regardless of whether it is legal. A key difference between "traditional" loan sharking and predatory lending is that lenders alleged to be engaged in the latter practice are ex ...
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Petah Tikva
Petah Tikva ( he, פֶּתַח תִּקְוָה, , ), also known as ''Em HaMoshavot'' (), is a city in the Central District (Israel), Central District of Israel, east of Tel Aviv. It was founded in 1878, mainly by Haredi Judaism, Haredi Jews of the Old Yishuv, and became a permanent settlement in 1883 with the financial help of Edmond James de Rothschild, Baron Edmond de Rothschild. In , the city had a population of . Its population density is approximately . Its jurisdiction covers 35,868 dunams (~35.9 km2 or 15 sq mi). Petah Tikva is part of the Tel Aviv Metropolitan Area. Etymology Petah Tikva takes its name (meaning "Door of Hope") from the biblical allusion in Hosea 2:15: "... and make the valley of Achor a door of hope." The Achor Valley, near Jericho, was the original proposed location for the town. The city and its inhabitants are sometimes known by the nickname "Mlabes" after the Arab village preceding the town. (See "Ottoman era" under "History" below.) Hist ...
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Paamonim
Paamonim is a non-profit organization operating in Israel aimed at assisting families in financial difficulty so that they may regain their economic independence. History Founded in 1997 by Uriel Lederberg, Ya'akov Ya'akobovitch, and Ya'akov Friedman, it assisted over 2,500 families enrolled in its Economic Recovery Plan program in 2010. On August 9, 2010, the President of Israel The president of the State of Israel ( he, נְשִׂיא מְדִינַת יִשְׂרָאֵל, Nesi Medinat Yisra'el, or he, נְשִׂיא הַמְדִינָה, Nesi HaMedina, President of the State) is the head of state of Israel. The posi ... Shimon Peres recognized Paamonim as an outstanding volunteer organization. Goals and actions Rather than provide temporary charitable relief, the organization aims to break the cycle of poverty by focusing on long-term comprehensive solutions to debt and poverty. It does this primarily through trained volunteer mentors/coaches who work with families to fi ...
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