EstateGuru P2P lending Blog -

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.

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.

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.

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.

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.