Loan portfolio overview – May 2020

In May 2020 EstateGuru’s investors financed more than €4,7M worth of loans.

Borrowers paid back 31 loans in the amount of €3,9M (please see the graphs below). The historical return rate of repaid loans in May of 2020 was 11,6%. EstateGuru’s investors have earned a total of €15,5M since 2014 with no capital loss.

In May, the value of defaulted loans decreased to €5,5M. We recovered one loan (partial repayment) in Latvia and one similar recovery occurred at the beginning of June. Improving our debt collection has been the focus during the last few months and we are continuing with more aggressive sale of the collateral of defaulted loans.

In May and at the beginning of June we have seen an increase in loan demand. This indicates that the bottom of the crisis has been passed and real estate market sentiment is improving.

We will keep you informed about the credit portfolio quality on a monthly basis.