In 21 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, repaid PeerBerry investors €46.2 million or 92% of the total outstanding war-affected obligations.
Today, Gofingo Group repaid PeerBerry investors €200 000 in war-affected loans.
These repayments are being “processed on the PeerBerry platform every month in the middle of the month.”
Aventus Group’s war-affected long-term loans are “repaid monthly under the initial loan schedules.”
The remaining war-affected obligations on the PeerBerry platform:
Aventus Group’s war-affected long-term obligations (AutoMoney and Slon Credit Ukraine) amount to €0.87 million.
These loans are being repaid monthly “under the initial loan schedules. Each last repayment of the principal amount is being repaid with the accumulated interest.”
Gofingo Group’s war-affected short-term obligations (Zecredit, EuroGroshi, and Gofingo Ukraine) “amount to €3.58 million. Gofingo Group will continue covering its war-affected obligations in the middle of each month.” The accumulated interest will be repaid “with the last repayment of war-affected loans.”
Compared to other war-affected platforms, PeerBerry claims that it is “the first and the only investment platform in the entire market that fully repaid war-affected Russian loans (totaling EUR 20.27 million of the invested principal amount) with no losses to investors. Also, PeerBerry partners already repaid the most significant amount (totaling to EUR 25.9 million) of Ukrainian war-affected loans compared to the competition.”
If there is no new major turbulence, it is realistic that their business partners “will cover their war-affected obligations in full before the end of next year.”
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) on their “Statistics” page on our website.
As reported recently, PeerBerry’s business partner – real estate developer SIB Group – has reportedly repaid investors a €200 000 loan (real estate project “Lini namai”) and paid €41,076 in interest to our investors.
PeerBerry enters its seventh year of operations “with a record amount of funded loans – in October, PeerBerry investors invested €77.6 million in loans, which is the highest amount in PeerBerry’s history.”
PeerBerry started offering investments in loans “in November 2017 and, up to now, funded EUR 2.16 billion in loans.” Within 6 years of PeerBerry operations, PeerBerry investors earned EUR 26.52 million in interest.
PeerBerry’s main statistics for October 2023:
- EUR 77.6M – the amount invested,
- EUR 865k – the interest paid to investors,
- 938 – the number of new investors.
- At the end of October, PeerBerry’s portfolio “amounted to €116.18 million.”
Changes in international markets and the geopolitical situation clearly show that diversification is key to reducing risks for businesses and investors.