Loan portfolio overview -April 2020

The latest in our monthly loan portfolio updates shows how EstateGuru performed in a time of crisis, and we are glad to report that the news is good.

In April of 2020, our investors financed €4,1M worth of loans.

Our borrowers showed resistance to economic conditions and paid back €3,1M worth of loan principals (please see the graph below). The return rate of repaid loans (fully repaid) in April of 2020 was 10,8%. EstateGuru investors have earned a total amount of €15,0M since 2014.

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Our Seedrs funding round – an update

EstateGuru’s equity fundraising campaign on Seedrs has been open to all investors since 4 May, and the results have been beyond our wildest expectations.

We set ourselves a minimum funding target of €350 000 before the campaign started, and this target was reached even before the campaign officially opened and while only our existing investors were invited to purchase shares.

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Borrower case study: Renovation of an apartment building in Riga city centre

The borrower: SIA ZenInvest, which previously has taken loans to renovate single apartments but now wanted to take the company to the next level by renovating an entire building.

The development: renovation of 12 apartments and two commercial premises, with a total net development area of 847m2.

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Investing in a time of crisis: 8 steps to build a diversified portfolio

A good number of people miss out on the wealth-building benefits of investing because of the associated risks. To them, investing is like staking their hard-earned money in a game of blackjack.

The current economic downturn only seems to prove them right. Equity markets around the world are nosediving, leaving investors scrambling for fast liquidity and safe-havens for their hard-earned cash.

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Borrower case study: Business loan as a credit line for Sixholm OÜ

The borrower: Sixholm OÜ is an experienced developer of single-residential and terraced houses, and has been engaged in construction since 2004. During this time the company constructed houses in both Estonia and Germany.

Loan purpose: The loan was used to increase the operating capital of the company.

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