This is really not a smart move. You can't start up a project like SmallBits with 0 budget at all. Advertising is hard to sell which I assume will be your revenue source. How do you intend on paying this back?
You're account is worth maybe 0.01 BTC maximum.
I had SOME budget, but I never really expected people to drain off the faucet that fast, and I thought that the big traffic with the ads would
pay off, but when the massive traffic came, I had to buy a better webhosting plan and fund the faucet several times, luckily in a few days
I'll be off paid hosting again as someone agreed to sponsor the site with a hosting plan that they'll pay for..
I will pay back by eventually selling the hashlets and using some of the profit from the mining, if there's enough money from a-ads
I'll be using it to pay too
backup plan would be spending my christmas money to buy some bitcoins to pay the lender off,