What is your advice sir? I am a first time borrower and would like to know the mechanics of borrowing, thank you.
Provide a valid collateral such altcoin or BTC that will cover your loan value. We are all anonymous here so the Lender will need assurance that you will not runaway with your loan.
Since this is your first time borrowing money here, I doubt someone will lend you that amount. If you have other altcoins that still holding then use it as collateral to your loan. Never loan without any collateral here or else you might get tagged since your account still no history of loan and your reputation is not that strong here to have no collateral loan.
Having an active signature campaign might get you this loan.