This borrower’s loan is for $10,000.00.
Repayments on this loan will be made in monthly installments of $1,000.00 over a period of 10 months. After the funds are disbursed, the borrower will have the standard 1 month before the first payment is due, and may have an additional grace period per the terms outlined in their loan agreement. The detailed repayment schedule will be published here at the time that the funds for this loan are disbursed.
Disbursement and repayments will be made via PayPal, a web-based payment system. Repayments made on delinquent loans will be applied toward the oldest payment due until the loan becomes current.