We have successfully started carrying out the process of a loan for steem with 93.613 SBD more open to contributors to earn interest if interested.
![](https://steemitimages.com/0x0/https://i.imgsafe.org/ccc176c4f7.png)
Receive 1508.000 SBD from quinneaker For loan based on virtual growth post of contract terms, current value of SBD is $0.91215 as base USD value of laon
1508 SBD @ $0.91215 = $1375.5222
Transfer 1508.000 SBD to blocktrades eafd2d8e-1258-458a-abf7-a9520deeac1d
Transfer 0.001 SBD to virtualgrowth quinneaker loan sent to @mrwang's blocktrades address by virtualgrowth
Remainder sent by @virtualgrowth to top of @mrwang's loan request of $1,500
Transfer 135.835 SBD to blocktrades eafd2d8e-1258-458a-abf7-a9520deeac1d
Loan contributionss of 1508 + 135.835 = 1643.835 SBD ($1500)
1508.000 SBD from @quinneaker
Receive 20.000 SBD from patelincho loan for @mrwang
Receive 10.000 SBD from reedracer for @MRWANG truck needs
Receive 10.000 SBD from mattclarke Loan to @mrwang
Receive 2.222 SBD from holoz0r loan for @mrwang
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42.222 SBD
+93.613 SBD contributed by @virtualgrowth
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135.835
Anyone may contribute to the loan up to the amount contributed by @virtualgrowth by sending SBD to @virtualgrowth including loan for @mrwang
in the memo.
Contributors will receive partial payments as auther rewards are earned by @mrwang's account until the loan is repaid. These payments will be paid 50% in SBD and 50% in STEEM.
Total pay back will be 779.703 SBD & 625 STEEM as stated in amedmendment to the loan:
Base loan of $1,500 to be paid back in $1,575 in STEEM would equate to $787.5 in each for 779.703 SBD & 625 STEEM
Author Rewards will be split 50/50 in SBD & STEEM at market values then distributed to loan contributors from @mrwang's by @virtualgrowth.
Open to further pursuing the idea of Steem loan if there is interest and market of such possibility to expand on this potential use.
This F-150 Needs Your Blessings... An Urgent Crowdfund Project
$1,500.00 USD Loan request by @mrwang to be managed by @virtualgrowth
Steem Loan Idea Being Explored with a loan to @mrwang managed by @virtualgrowth
Offering My Steemit Account As Collateral For A Community Loan
Steem(it) Blockchain Loan Agreement
Thank you @holoz0r, @mattclarke, @mrwang, @patelincho, @quinneaker, @reedracer