PeerBerry’s business partner – real estate developer Lithome – recently revealed that it had repaid investors a EUR 435 000 loan (real estate project “Šilo 23”) and paid their investors EUR 41 648 in total interest payments.
In other key updates shared recently in a blog post by PeerBerry, it was noted that the Gofingo Group repaid PeerBerry investors EUR 350 000 in “war-affected loans.”
These repayments are now reportedly being processed via 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.”
Since February 24 of 2022, PeerBerry business partners reportedly have, in total, reportedly “repaid PeerBerry investors EUR 49.9 million or 99.36% of the total outstanding war-affected obligations,” of which:
- Aventus Group has repaid EUR 40.37 million,
- Gofingo Group has repaid EUR 9.53 million.
As stated in the announcement, the remaining war-affected obligations on the PeerBerry platform are as follows:
- Aventus Group’s war-affected long-term obligations (AutoMoney and Slon Credit Ukraine) amount to EUR 96 188. 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 EUR 635 645. Gofingo Group will continue covering its war-affected obligations in the middle of each month.
If there is no new “major turbulence,” then the blog post from PeerBerry claims that it is “realistic” to expect that their various business partners will be able to “fully cover their war-affected obligations” prior to the end of this year.
As always, you are able to review the state of 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 European investment platform’s Statistics page on their official website.
As covered, PeerBerry claims that it ranks among Europe’s “best-performing” alternative investment platform 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 their biggest assets.
Their sharp focus on investors’ expectations, “high level” of risk management, and innovativeness have reportedly led them to become one of Europe’s largest investment platforms.