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Starting a micro loan investment program

Starting a micro loan investment program

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My idea is to setup a micro loan investment program. This program will receive fund from investors and give loan to people from 3rd world countries. I have a network from these 3rd world country so won't have problem giving out loans and recovering them. However the returns that I can give back to investors are around 5% per month.

More details will be given when this idea are been implemented. I would like to find out from all or you what do you think of this program? Any suggestions or comments for me? And also will you join this program?

Please let me know. Thanks a lot.

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