Alternative Investment Platform PeerBerry Reports Regular Repayments of War-Affected Loans

PeerBerry partners continue regular repayments of “war-affected” loans. The repayment of over EUR 1.4 million of war-affected loans was reportedly completed on August 17, 2022.

EUR 1.2 million is “dedicated to repaying war-affected Ukrainian and Russian short-term loans,” the team at PeerBerry revealed. The also mentioned that EUR 200 000 will be “used to repay war-affected real estate and business loans.”

AutoMoney UA and Slon Credit UA long-term loans are “being repaid under the initial loan schedule.” The last payments of these loans “are being repaid with the accrued interest.”

After repayments of war-affected loans this month, the total repaid amount (since the war started) “is EUR 20,9 million, or 41,62% of the total war-affected obligations towards PeerBerry investors.”

With the number of war-affected loans already repaid, PeerBerry’s business partners are “significantly ahead of the initial plan to repay war-affected loans within two years.” So, they believe that “all war-affected loans will be repaid much faster than planned at the beginning of the war.”

You may review the progress of repayments of war-affected loans (the total repaid amount, the amount of remaining war-affected obligations, and repayments by separate lenders or groups) via the “Statistics” page on their website.

In another recent update, it was noted that “since the war in Ukraine started on February 24, every month [PeerBerry] perform repayments of war-affected loans to their investors.”

In total, 42,21% of war-affected loans “have been repaid already.” The platform claims that it carries out regular and active communication, however, they “still receive repeated questions on the same topic.”

To help people better understand how the repayments of war-affected loans are being performed and where to find the information you need, PeerBerry has “collected the most relevant questions and answers in one place.”

For more details, check here.

As covered recently, Andrejus Trofimovas, the CEO of Aventus Group, became a shareholder of PeerBerry.

Andrejus Trofimovas acquired “a 50% stake in PeerBerry from former shareholder Igoris Trofimovas, who has been a shareholder of PeerBerry since May 2021.”

Andrejus Trofimovas, CEO of Aventus Group, said:

“My decision to become a shareholder of PeerBerry lies in my perception of what responsibility is. Loans issued by Aventus Group companies make up the largest share in PeerBerry’s portfolio – more than 80%. It is a huge responsibility towards PeerBerry investors and their trust in us. Aventus Group companies and other PeerBerry business partners take the obligation to ensure the repayments of loans investors have invested in. We deliver our results by real actions, not by promises.”

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