Offering short-term loans 5% weekly interest details inside interest is donated

[Maidak]

You'll be required to submit KYC documentation we'll start small with only 0.5 bitcoin initially 50% of all repaid loans will go to increase the loan amount the other 50% at the end of the month will be donated to a non-profit organization that I convince to accept bitcoin for the donation. Personally I will be targeting animal shelters because as a young kid my dream was to be a vet but I choose a different path. Also animals are nothing but innocent and were put in the place they are in through human negligence.

The loans will be in bitcoin only and all proof of donations posted within this forum.

I intend for this only to promote bitcoin and help out people and animals in need. I have the right to refuse a loan at my own discretion collateral is not required but is accepted for a reduced percentage.

If this takes off I will be offering donatations to other non-profit organizations to further expand and promote it.

To request a loan email maidak@mmoclub.com Title the email BTCLoan - Username your username is of course your bitcointalk.org login handle.

You must be over 18 years of age for a loan request.

In your email provide a .jpg attachement of your government issued ID in one photo, a copy of you holding your ID in a second photo and a primary phone number for contact cell or lan line.

If you have any collateral to provide if so state what it is. (greatly improves your chances of me loaning out BTC.)

When you borrow bitcoin from me you understand that if your loan defaults and no repayment made after 30 days time your information will be doxed on my wall of shame with the amount of bitcoin owed compounding interest.

If you would like to encrypt this information prior to emailing it you can get it here.

[Maidak]

reserved

[marcotheminer]

Good luck with this maidak!

[hotsaucee]

To clarify the loan interest will be donated to charities of your choice? Or you're targeting loans at helping out such charities.. can't get my head around your post.

Good luck with lending either way!

[haploid23]

Kuddos for the good intentions. First thread I've seen where the proceeds of the loan goes towards a good cause.

[Maidak]

To clarify the loan interest will be donated to charities of your choice? Or you're targeting loans at helping out such charities.. can't get my head around your post.

Good luck with lending either way!

50% will be put back into loan amount other 50% will be put into cold storage for donating.

So for example a user takes out 0.1 bitcoin loan pays it on time in a week with 0.005 interest 0.0025 goes into loan amount and other 0.0025 held for donating.

[Maidak]

Kuddos for the good intentions. First thread I've seen where the proceeds of the loan goes towards a good cause.

Thanks!

This is only a quick idea while looking through this. I think its pure win in every aspect from helping with a loan, donations to organizations in need and bitcoin promotion!

[Maidak]

Bumping this haven't shown much interest any suggestions on rates perhaps? Or is it that people that would like a loan but have no intentions paying it back hold a guilty concious knowing there unpaid loan & interest was going to non-profit organizations?

[ndnh]

is collateral required for me for a loan of 0.1BTC , 1 week term?

Wow. you have a lot of trust feedback

[Nellyx]

What are the activity, member, trust requirements.

I'm happy to provide you with KYC documents and stuff. Looking for 0.08 BTC Loan to help fill a bigger order, in which the buyer is paying a +% rate.

I can return within the week with +5% as you state!

Of course I'm a newbie so maybe I'll wait, but I like the idea of where interest goes!

[Maidak]

What are the activity, member, trust requirements.

I'm happy to provide you with KYC documents and stuff. Looking for 0.08 BTC Loan to help fill a bigger order, in which the buyer is paying a +% rate.

I can return within the week with +5% as you state!

Of course I'm a newbie so maybe I'll wait, but I like the idea of where interest goes!

Send me a PM with your email address an we'll work this out

[grtthegreat]

Your name has been added to the LIST OF ACTIVE LENDERS IN THE FORUM. Your comments on the thread are appreciated.

Thread Here: https://bitcointalk.org/index.php?topic=770525.0

[Tomatocage]

Awesome, man! Good luck with the service!

[ndnh]

is collateral required for me for a loan of 0.1BTC , 1 week term?

no reply??

[Maidak]

Awesome, man! Good luck with the service!

Thanks!

is collateral required for me for a loan of 0.1BTC , 1 week term?

no reply??

Its not required collarteral will only get youa cheaper weekly rate. YOu can send a PM if you want to start the loan process.

[letyouearn]

Can i get a loan of 0.06 BTC for 1 week with 0.01 extra repay ?


I just want to take this loan to Build some trust upon you. that i am a legit person u can borrow money .

[HeroCat]

Monthly 30% profit
Repayment Weekly
BTC Transfer Expenses On You
Larger BTC Amount Better
No Colatteral - You Are Not Bank
PM me, if interested

[master-P]

I think 5% weekly is fair considering how some other lenders around here charge a flat 10% or higher. Perhaps you can offer different interest rates for different loan terms.

But anyway, this looks good. Have you thought about which charitable organizations you'll be donating to?

[monnecon]

I would like a loan from you, sent you a PM. What is required for the knowing-your-customer thing?

[Maidak]

I'll be updating the process for loan requests my PM box is always flooded stay tuned!