I am a private lender in Canada,I only loan up to 60-70% loan to value ratio on real estate. I get 10% interest per year. These are almost always one year mortgages. Almost zero risk and I have averaged an annual net return of over 12% over the last 15 years due to defaults and late payments. We have a saying " it has to go bad to be very good". In other words,I hope the borrower defaults,I charge a 3% additional fee for a default and defaults always come with a few late payment charges of $250. But unsecured loans in the DR,nope. I'll take my 12% in Canada and be happy with that.