first lesson of economics. if you need $160 but can get hold of $160 in 2 weeks. just wait 2 weeks and pay what you need with your own funds
I know that this is to justify that OP's loan is a bull but in a general sense, this doesn't make sense in regards to loans, if they need that 160 USD today then that means that they probably have an urgent need for the money and that waiting is off the list.
If he/she needed loan urgently then he/she should not be asking the loan in bitcoin and with a newly registered account (which will slow the process of getting a loan).
because He will need to sell that BTC into fiat which will consume a lot of time and this is a forum here communication is slow compared to quick messaging apps.
My point is, if he/she required a loan urgently, then it would have been more appropriate to ask for a loan from family members or friends which may save interest and consume very less time compared to asking here.