The committee is weighing two designs for a community wedding fund. They help families in opposite ways: one gives the money on the day but the amount grows over the years, the other gives the full amount but after a wait. Watch the presentation, open either simulator to test it, or compare them side by side below.
A family saves together and pays a small monthly fee. When a child marries, the fund lends what it can afford that year, on the wedding date, and the loan grows toward the full amount as the fund matures. It sits in a credit-union framework and grows with the community.
Open the Gemach Hakehiloh simulatorA family saves for each child and joins a waiting list. When its turn comes it receives the full interest-free loan, and its repayments help the next family in line. It runs on a steady flow of joiners and, once mature, largely funds itself.
Open the Gemach Hamerkazi simulatorSet a few shared figures and see how each scheme serves the community. The two work in different units, so this is a like-for-like on what a family gets and how many are helped, not a single scoreboard.
The non-returnable community contribution, by family size. Model A charges a flat fee per family whatever the size; Model B charges per child. Illustrative.
| Non-returnable contribution | One child | Four children | Ten children |
|---|---|---|---|
| Model A, the flat fee over the life of membership | about £5,000 to £7,000 | about £5,000 to £7,000 | about £5,000 to £7,000 |
| Model B, at £2,400 a child | £2,400 | £9,600 | £24,000 |
| Cheaper for the family | Model B | close to even | Model A, by far |