PeerBerry’s business partner, real estate developer Lithome, has recently revealed that it repaid investors €1.5 million loan (real estate project “City stories II”) and paid their investors €145 684 in interest.
In another update, it was noted that PeerBerry’s business partner, real estate developer SIB Group, repaid investors a €1 million loan (real estate project “MO Garden II”) and paid their investors €224 234 in interest.
As previously reported, Gofingo Group repaid PeerBerry investors €350 000 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.”
In 30 months of the war (since February 24, 2022), PeerBerry business partners “have, in total, repaid PeerBerry investors €49.13 million or 98% of the total outstanding war-affected obligations, of which:
- Aventus Group has repaid EUR 40.29 million,
- Gofingo Group has repaid EUR 8.84 million.
The remaining war-affected obligations on the PeerBerry platform:
Aventus Group’s war-affected long-term obligations (AutoMoney and Slon Credit Ukraine) amount to €0.17 million. These loans are being “repaid monthly under the initial loan schedules.”
Gofingo Group’s war-affected short-term obligations (Zecredit, EuroGroshi, and Gofingo Ukraine) amount to €1.33 million. Gofingo Group will continue “covering its war-affected obligations in the middle of each month.”
If there is no new major turbulence, it is realistic that their business partners “will fully cover their war-affected obligations before the end of 2024.”
You can see 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 our “Statistics” page on their website.
As covered, PeerBerry claims it is among Europe’s “best-performing” alternative investment platforms to invest in loans “with an annual return of up to 11.5%.”
Their clients are said to be “the cornerstone of their business and our biggest assets.”
Their strong focus on investors’ expectations, high level of risk management, and innovativeness have “led them to become one of Europe’s most trustful and largest investment platforms.”