HeavyFinance Platform Investors Reportedly Allocated €1.04M Across 37 Agricultural Projects in May

In May, HeavyFinance says that it saw the investor community allocate “a total of €1.04M across 37 agricultural projects” using the European platform.

As of the end of May 2024, HeavyFinance reveals that a significant sum of €55.92M was “issued in loans since the inception of the company.”

To date, the principal of €24.58M has already “been repaid to investors with 5.71M EUR in interest and 1M in delayed interest.”

During May HeavyFinance investors received €893K  “in repayments – of which 688K EUR principal, €174K  in interest, and 30K in delay interest. 841K EUR of repayments are scheduled for June 2024.”

Based on the repayment schedule, HeavyFinance notes that 71.9% of loans “are being paid on time or have already been repaid.”

Meanwhile, loans with a principal overdue by more than 90 days amount “to €9.74M representing 17.4% of the total issued amount.”

As of now, HeavyFinance notes that 79.2% of the payments “have either been made within the last 30 days or have already been fully settled.”

During Q1 of 2021, HeavyFinance states that €1.16M of loans were “funded, of which 967K EUR has already been repaid along with €195K of interest. €0K EUR is being paid on time, €50K  is overdue for less than 90 days and €142K is overdue for over 90 days. (If at least 1 installment is overdue, we treat the whole principal amount as being late).”

In May, 25 loans were fully repaid “to the HeavyFinance investors, which generated an average factual return rate of 14.09%.”

Notably, the factual return rate “ranged from 25.32% to 8.63%.”

The total issuance for the loans “amounted to €623K. Investors received €118K in interest and €11K in delayed interest for the loans that were fully repaid during May.”


During May 2024, €72.5K was recovered “from defaulted loans (loans, where the contract with the borrower is terminated and a hard recovery process was initiated) and distributed to investors.”

The total recovered funds “from defaulted loans amount to €2.39M.”

The principal amount that “defaulted in 2021 H2 is recovered in full with interest, resulting in a 110.35% recovery rate.”

Right now, the agriculture sector is “fully back in the swing of things, with all farmers back in the fields in preparation for harvest this summer, making this a perfect time to start investing.”

Recently HeavyFinance have “updated their platform to include an estimation of the CO2 emissions being addressed in their projects to inform investors of the impact they’re making on the environment.”

Sponsored Links by DQ Promote



Send this to a friend