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MLI
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Micro
Loan Investments provide you an opportunity to make some money
while helping the poor. We will use our extensive network in the
developing countries to give out loans to the needy and also
to recover these loans when its due. We'll charge a certain
amount of interest for each loan and these will be used to
cover our operating costs and our investors returns.
These poor people from the developing countries do not have
access to bank loans and when there's an emergency need of
fund they can only borrow from their local loan sharks where
interest rate can be as high as 30% a month. When they can't
pay up these loan shark will go to their house forcing them
to sell their properties or house to repay their loan.
Our objective is to help these
people changes their lives. US$100 to some of us is a small
amount but to these people, its their salary for a month of
hard work. Many of these people live day to day and when
they're sick they can't afford to go to the doctors because
they do not have any emergency fund. With our little help, we
can make their life a better one.
We will screen borrowers profile and only approve their loan
application when they meet certain requirements. Once their
application is approved, we'll post them in our site for
investors to fund the loan. Each loan will be divided into
10-100 shares according to the size of the loan and investors can fund any amount of share
they want.
These loans ranged from US$100 to US$1000 and return of
investments will be from 3% to 10% a month. Repayment
methods and period also varies from days to months. You can
find more information in our forum and talk to
our program admins before you make any investments. We will
clear your doubt before you invest because we're here to
stay and would want a long time partnership with you. |