Loan it self is not a tax event, the earned interest is reportable in the year earned / recieved. After tax monies given to a foreign person ( especially with a track such as bank transfer ) itself is not required to be reported either on FINCEN 114 or IRS 8938 --- however, and even though banks report all suspect activity to FINCEN, you need to keep good record because if the monies are used for banned purposes and traced back to you, it could be a sad story. At the same people lend monies to relatives and friends all the time and across the borders and things work out OK
