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RE: Steem Loan Idea Being Explored with a loan to @mrwang managed by @virtualgrowth
Will there be a minimum lend amount? I only have 2.222 SBD as liquid at the moment, happy to micro finance a little part of some tyre tread! :)
Sent it across anyway:
No minimum, but should be a minimum of 1 for ease of keeping tracking of and adding interest as interest may not be simply added to amounts that are too small.
Crypto micro-loans are a cool idea, but it doesn't really work when you need car repairs right away. I had a tire blow out last year and couldn't wait for small pools of money to add up. Using sacramentoonlineloans.com got me the cash for a new tire in a couple of hours. Small digital contributions take too long when you just need to fix your car and get to work.