> For the complete documentation index, see [llms.txt](https://userdoc.kairos.loan/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://userdoc.kairos.loan/kairos-loan-user-guide/take-out-loans.md).

# Take out loans

Connect your wallet on the right network and go to the "[Borrow](https://app.kairos.loan/borrow)" tab

## 1. Select the duration

Choose the desired duration of the loan using the top slider then clic "Submit". Depending on the desired duration, your NFTs that can be used for a loan will appear according to the available liquidity. On the top corner of the NFT, the maximum amount borrowable for each NFT.

<figure><img src="https://2021473339-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdbNNvuHGg1tYR7bdMT2I%2Fuploads%2FgXNLWfZ7RhvnKgvPzkgI%2Fimage.png?alt=media&amp;token=9ba6d0e7-6c2b-48ee-9a38-99ec2f35660d" alt=""><figcaption></figcaption></figure>

## 2. Select the NFTs to borrow against

* select the NFTs to use as collateral, you can select multiple NFTs from multiple collections. Then clic "Confirm the selection"

<figure><img src="https://2021473339-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdbNNvuHGg1tYR7bdMT2I%2Fuploads%2Fce2WErkGBsXAPWdAPiFM%2Fimage.png?alt=media&amp;token=0ecb2faa-6107-40bb-b196-6997b93613a1" alt=""><figcaption></figcaption></figure>

## 3. Approve the terms and instant borrow

* For each NFT, up to a maximum, you can choose how you'll borrow. This will have an impact in the case of a liquidation. If you do not borrow the maximum amount you'll received a share of the revenues generated by this liquidation in a proportional way.
* In some cases you'll be able to borrow for a longer period thant choosen at the begining with no additional cost.
* Approve the NFTs (either each one by one or by collection)
* Read carefully the terms and how much you'll have to repay if you decide to repay on the due date.\*
* Clic on "Borrow" and Voilà!

<figure><img src="https://2021473339-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdbNNvuHGg1tYR7bdMT2I%2Fuploads%2FasRvaJTdoO9e8BAtkvKU%2Fimage.png?alt=media&amp;token=ebe5f5e2-5107-4493-b5a2-c8d3116340d3" alt=""><figcaption></figcaption></figure>

<figure><img src="https://github.com/kairos-loan/monorepo/blob/main/packages/doc/.gitbook/assets/image%20(6).png" alt=""><figcaption></figcaption></figure>

\*By borrowing less than the maximum, in the event of liquidation you would receive a proportionate share of the revenue generated by the sale of the NFT.