PRIVATE MICRO LOAN

PRIVATE MICRO CREDIT

A private micro loan consists of a mini funding facility which is proposed by private lenders dealing with microfinance in favor of loan seekers who have urgent financial obligations.

A private micro loan aims to grant a a small amount of cash to help borrowers living in social precarity to pay their bills or rent in order to maintain a minimum level of living.

Private microfinance can be reliable, only if the lender and the borrower obey the following rules of caution:

  • Use only a platform regulated and authorized in microcredit between people.
  • Avoid forums and blogs in which unrealistic proposals are put forward by people claiming to be serious lenders.

PRIVATE BORROWING

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PRIVATE BORROWING