by Ona Biveinienė

Lithuanian Jews since olden times engaged in lending at interest. The charter of rights Vytautas the Great granted the Jews of Brest-Litovsk in 1388 included the right to loan money at interest, a rather new thing in the Grand Duchy at that time, along with the right to practice Judaism. According to the charter, “a Jew may accept any object brought him as collateral, no matter what the item is called, without question, except for bloodied or wet clothing and Church clothing and vessels, which he should in no way accept.”

For several centuries Jews were the main lenders, saving neighbors fallen on hard times by loaning them money, at interest, of course.

Lithuania’s declaration of independence on February 16, 1918, provided a favorable environment for Jews living here to expand customary and create new businesses. The Jewish people, as no other, seized upon the opportunity; they attempted to restore and expand the shops, workshops and factories they had before World War I. Many courageously started new businesses and in many cases were the first in Lithuania to engage in little known or unprecedented enterprises.

Full story in Lithuanian here.