Some microfinance and microcredit companies allow their clients to borrow from $200 per card or e-wallet. Such loans are suitable for paying small expenses or for building a credit history. To apply for a loan, just leave an application on the IFC or MCC website. This page contains companies that issue microloans in amounts starting from $200. When choosing, consider the amount and term, interest rate, requirements for borrowers and other conditions.
Advantages
When applying for such a loan, MFC and MCC do not impose strict requirements on the borrower
A small microloan can be easily repaid at the end of the term along with interest
Flaws
Typically the minimum available loan amount is over $200
The smaller the microloan amount, the higher the interest rate.