> ## Documentation Index
> Fetch the complete documentation index at: https://getequity.io/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# loan.created

> Triggered when a user takes a loan.

Triggered when a user is issued a credit loan. Delivered to the creditor organisation.

```json theme={null}
{
  "webhook_event": "loan.created",
  "user": {
    "_id": "<userId>",
    "email": "<string>",
    "name": "<string>"
  },
  "loan": {
    "_id": "<loanId>",
    "borrower": "<userId>",
    "creditor": "<organisationId>",
    "amount": "<number>",
    "repayment_amount": "<number>",
    "repayment_date": "<string>",
    "interest_rate": "<number>",
    "duration": "<number>",
    "grace_period": "<number>",
    "grace_period_unit": "<string>",
    "currency": "<string>",
    "status": "ACTIVE",
    "reason": "<string>",
    "bank_name": "<string>",
    "bank_code": "<string>",
    "account_number": "<string>",
    "collaterals": [
      {
        "name": "<string>",
        "token_id": "<tokenId>",
        "quantity": "<number>"
      }
    ],
    "created_at": "<ISO>",
    "updated_at": "<ISO>"
  }
}
```