This is interesting. I see that you are very selective about who you loan to, I assume this is because you are only able to loan BTC you actually have in reserve opposed to banks who are able to loan more funds out than they actually hold, essentially creating money out of thin air and putting it into circulation, inflating the currency, known as fractional reserve lending…. I dare say this would never be possible with Bitcoin? I can't think of how it would be possible anyway.
Just wanted to say this is encouraging. Lending is supposed to be this way. The lender incurs risk by accepting the loan request and thus is selective about who he loans to. If the lender is able to create the money he is lending out of thin air, and further if he is covered by the government in the case that he gives out bad loans that cannot be repaid, then the lender is more likely to give out easy loans to everyone without being selective, but this causes economic collapses, debasement of the currency, bank runs, the establishment of a central bank as the lender of last resort, etc.
I like this bitcoin lending much better.