MINI-LOAN WITHOUT INTEREST

MINI-LOAN WITHOUT INTEREST

SMALL LOAN WITH NO INTEREST MINI-LOAN WITHOUT INTEREST INTEREST-FREE MINI CASH LOAN ZERO INTEREST

A mini-loan without interest is by definition an interest-free small loan granted by specialized lender that provides with zero-rate financing for a borrower that has to only reimburse the small amount granted without any additional costs.

The mini-loan without interest follows the objectives to offer to any borrower mini cash loan with zero interest rate which means that once the repayment period has started only the initial principal must be repaid to the lender.

A small loan with no interest is generally granted by social oriented lenders that contribute to financial inclusion of borrowers who are financially struggling to access a classical loan, however to be granted an interest-free loan to be justified must be dedicated to social projects.

The mini-loan without interest is often part of the incentive marketing strategy of some brands encouraging clints to purchase more of their products, otherwise interest-free small loans are also offered by ethical lenders that support social causes such as the one included in halal financing of Islamic finance.