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[Technically] a portemanteau, "loanation" is comprised of the words "loan" and "donation." Loanations are hybrid for-profit/not-for-profit transactions that are at the root of the microfinance and new [philanthropy] movements. People either lend money directly for charitable causes, or indirectly to donors, who are inclined to leverage their own donations, or simply borrow to donate. Contrarily, a loanor (or "loanator") may borrow at a low rate for a long term, donate all or most of the loan proceeds, and use the applicable tax benefit in a [consolidation] arrangement that either pays off higher interest yielding debt, or invests the tax benefit to strategically pay off the debt, most often profitably, using the time value of money.
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