Business & Finance Corporations

How to Become a Microlender

    • 1). Research organizations online that provide safe and effective microlending opportunities. Select and register with the appropriate organization.

    • 2). Review business plans and proposals featured on the organization's website. Entrepreneurs' personal profiles, backgrounds and trade information are described on each profile site. Select the appropriate entrepreneurship profile, according to the amount you wish to lend. Ensure that you have a valid major credit card and active PayPal account as secure transactions process though PayPal.

    • 3). Transfer the appropriate loan amount from your major credit card to your PayPal account. Then disperse the loan amount to the entrepreneur's business profile site featured on the microlending organization's website.

    • 4). Check for periodic updates on your investment as well as your sponsored entrepreneur's progress by accessing his business site. Also, check your PayPal account for repayment updates.

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