I agree. Personal loans are the way to go now but make sure, I mean 100% sure, you dont lend any money without collateral. Be it the title to a property, the title to a car. Probably your best bet would be to find a lawyer that is already doing this. He will look into the collateral to make sure it is legit and no other liens are present. Image someone tells you they want to borrow $1M pesos and they hand you a fake title of a property; how would you tell its fake?