No One Left Behind Launches 0% Interest Loan Fund in Partnership with The Change Reaction
July 15, 2020
(Washington, DC) - No One Left Behind (www.nooneleft.org) today announced the establishment of the Greg and Jodi Perlman Loan Relief Fund made possible through a generous donation to The Change Reaction from Greg and Jodi Perlman.
The loans are interest free and are available to Special Immigrant Visa recipients (SIVs) from Iraq and Afghanistan who have been negatively impacted by COVID-19. The $1,500 loans will be repayable in equal installments over the course of 24 to 36 months, after a grace period of three months. In addition to providing immediate relief, 100% of all loan repayments will be redistributed to other SIVs, paying it forward to create a chain reaction of change, gratitude and generosity. The loans will be administered by Truist Financial.
No One Left Behind Board Member Mariah Smith states: “Thanks to the Perlman family’s generosity and desire to help those affected by COVID, this innovative no-interest loan program will help over 100 SIV families in the near term. The Perlman’s vision and our partnership with Change Reaction helps us keep our moral obligation to help those who stood with us against terrorism.”
Additionally, Afghan translator and No One Left Behind co-founder Janis Shinwari, who saved the lives of 5 American soldiers, thanked The Change Reaction during a very special July 3rd interview on Fox and Friends First. Here is the clip.
The Change Reaction is a new philosophy in philanthropy that directly connects the wealthy to the hard-working people and small businesses that are facing financial hardships in their communities. The Loan Relief Fund is part of a bicoastal effort by The Change Reaction to partner with donors and elected officials to support small businesses and individuals in their communities.
“We believe that a revolution in giving can happen if we help organizations cut through red tape and directly connect donors with the recipients who need help the most,” said Greg Perlman, founder of The Change Reaction. “We are passionate about the work that No One Left Behind is doing to support the interpreters that served alongside our troops overseas, and we are honored to help. We all have a role to play in supporting the most vulnerable during this crisis because if not now, when?