Gemach

Gemach (Hebrew:גמ"ח‎, plural, גמחים, gemachim, an abbreviation for גמילות חסדים, gemilut chasadim, "acts of kindness") is a Jewish free-loan fund which subscribes to both the positive Torah commandment of lending money and the Torah prohibition against charging interest on a loan to a fellow Jew. Unlike bank loans, gemach loans are interest-free, and are often set up with easy repayment terms.