United For Impact - 2024
Empowering Israel’s Resilience and Growth
Strengthening Through Adversity
October 7th and the war that followed marked a transformative year for SparkIL, deepening our commitment to Israeli small businesses.
Thanks to your support, we provided over 20 million NIS in interest-free loans, fostering recovery and growth.
Building Bridges
This year, we further strengthened ties between Israeli businesses and global lenders, advancing our mission to connect the global Jewish community with Israel in a meaningful way.
Spread the spark
Let’s expand this impact by sharing SparkIL’s story with friends, family, and networks. Together, we can build stronger businesses, communities, and connections.
319
NUMBER OF APPROVED LOANS
20.5M
SUM OF LOANS
(TOTAL NIS)
64.2K
AVERAGE OF LOAN AMOUNT
60%
GLOBAL LENDERS
40%
ISRAELI LENDERS
30%
RETURN
720%
GROWTH IN LENDERS
8.1%
Bridge Loan
20.2%
Expansion
33.3%
Cash Flow
38.4%
Capital
Business Owner Gender
60%
40%
SparkIL Businesses Across Israel
34%
Southern District
27%
Central District
24%
Northern District
15%
Jerusalem District
63%
250K Up To 2M NIS
37%
Up To 250K NIS
7%
6-10 Employees
40%
1 Business Owner
53%
2-5 Employees
Business Sector
Thank you
A big thank you to our amazing partners, with special gratitude to our founders, The Jewish Agency and Ogen. We pray for the safe return of all our hostages and for lasting peace in the region.
Spread The Spark
We’re always open to new collaborations reach out at [email protected]
Interested in Learning More?
Leave your details below, and we’ll get back to you with more information on how SparkIL can benefit your community or organization.
#bringthemhome
We extend our heartfelt condolences to Jon Polin, a founder of SparkIL, and his family during this profoundly difficult time. We mourn with them the tragic loss of their son Hersh, who was cruelly murdered while being held hostage in Gaza by Hamas. Our thoughts are with the Polin family, and we continue to hope for the safe return of everyone still captive in Gaza.