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LOAN APPLICATION

ABOUT US

ABOUT US

UNITY, COMMUNITY AND RESPONSIBILITY

PBO no. 18/11/13/2339

NPO no. 035-622

Trust registration no. IT 5367/95 (T)

The Rambam Charitable Trust is a community free loan society and lender of last resort for members of the South African Jewish community who require financial assistance. Once all requirements have been met and sureties have been approved, an Interest free loan with a repayment schedule usually over 24 months is provided to the recipient.

The trust aims to ensure that funds provided uplift the recipient and do not become a burden. The loan requirements are less stringent than those imposed by banks and funds are available within a few days. The Rambam trust assists borrowers who are unable to obtain credit from other sources.

The trust is administered by trustees comprising dedicated business people and professionals, each assigned with their specific responsibilities. All personal and private information which may be disclosed by applicants are kept with the utmost confidentiality.

The aim of the trust is to service members of the entire South African Jewish community.

History

The Rambam Charitable Trust was formed in 1995, with a mere R2 500 donated by five individuals. Today, the trust has proudly assisted over 3 600 applicants and public benefit organisations with over R113 million in interest free loans. The loan recovery rate is approximately 99%.

The trust is currently administered by a team of 27 trustees based Johannesburg and Cape Town. Arnold Connack, executive director, and Debbie Miller, trust administrator manage the day to day operations of the trust.

THE RAMBAM’S EIGHT DEGREES OF CHARITY

  1. The highest degree is to aid a man in want by offering him a gift or a loan, by entering into partnership with him, or by providing work for him, so that he may become self-supporting.
  2. He who gives and he who receives are not aware of each other.
  3. The giver knows the recipient, but the recipient does not know the giver.
  4. The recipient knows the giver, but the giver does not know the recipient.
  5. The giver puts the money into the hands of the poor without being asked.
  6. The giver put the money into the hands of the poor after being asked.
  7. He gives less than he should, but does so cheerfully.
  8. When one gives grudgingly.

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