How to become a Moneylender
Moneylender lends money on interest to individuals or companies with or without collateral securities. He/she makes independent investigations on creditors’ financial standing, obtains collateral security which are usually title deeds on movable or immovable property, prepares the necessary papers and obtains acknowledgement for amount loaned. He/she collects repayment in accordance with agreed terms and also maintains accounts of transactions.
Main tasks
- Lending money as personal loans against success of future harvest and other similar undertakings
- Collecting loans when the pledge involved the success of future harvest and other similar undertakings
- Keeping a record of items received and money distributed and received
Pay · Outlook · AI and this job
- Generative AI could change some tasks in this job, by the ILO's global estimate.
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Will AI change the work of a Moneylender?
Generative AI could change some tasks in this job, by the ILO's global estimate.
Sources
- International Labour Organization, Generative AI and Jobs: A Refined Global Index of Occupational Exposure (ILO Working Paper 140, Gmyrek et al.) (ILO Working Paper 140, May 2025, Annex Table A1), CC BY 4.0, retrieved 4 October 2026
Updated 4 October 2026