Based on the PM you sent me, here is my 5 cents.... Firstly it's a nice service but I think you should make it more flexible. If you are loaning out in USDT try to ensure you can loan out regardless of the network (you could exclude ethereum network because of the extremely high fees) but for the others you should accept loaning out. Also try to accept the liberty of being able to accept other stable currencies like BTC as a way to pay the loan back.

Lastly you should consider thinning out the rules of late repayment instead of $5 fee which is relatively large for an average Nigerian you could use % increment based on the borrowed amount. All these must be negotiated when the person is taking the loan. Floxynice is having the upper hand because it's fiat which everyone uses ... Sha don't get discouraged....