A private loan without interest consists of a funding package proposed by a private lender to another private borrower without charging any interest.
A private loan without interest is normally granted either through very close relatives of a borrower or through financial organizations who promote social inclusion.
Private interest-free borrowing is a loan offered to a borrower by an individual but for which he will not have to pay any interest or fees.
Private interest-free loan is a boon for a desperate borrower to find a loan and also because often indebted because of accumulated interest over time.
Interest-free financing from an individual can only come from relatives such as family or friends.