In Loving Memory of our Dear Parents

Benjamin Assa & Rebeca Assa z"L

Chesed/ The best system!

 

 
B"H
5 December 2017
17 Kislev, 5778 
The best system!  
 
        
 
 
 
 
 
 
 
 
 
 
 
 
 
 
        
 
 
 
 
 
 
 
 
 
 
 
          
   
       
 
       
 
        
 
 
 
     
In the business world, giving credit to the client is vital for the business and its growth.  It enables businessmen to purchase inventory even when there is no cash flow with the understanding that once the goods are sold, the creditor will receive the complete payment.  Many businesses would be unable to receive without this system, and despite that it has its flaws the benefit is much greater than the greatest risk.
The Chofetz Chaim says that that same system should be applied to the loans given to the needy and he says it with certainty that many will never be payed back causing losses, however assures that the benefits surpass the risks.

 

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