Loan ID: 200618-451447

Residence reconstruction

Loan Term
  • Amount 50 000,00 €
  • Term 12 months
  • Interest rate 12%
Description

Project offers to make investments with the aim to finish construction works of a single-family house located in suburb of Riga.

Borrower is a self-employed person engaged in provision of construction services.

Funds will be used to finish the construction works of a single-family house with total area of 212 square meters. Object is expected to be commissioned by the middle of 2021.

This investment opportunity offers to make a loan with 13% annual interest rate. Minimum target to be raised in this fundraising phase is EUR 50 000.

The borrower can acquire additional funds, provided that LTV does not exceed 70%.

The borrower aims to repay the loan from the sale of the collateral.

Collateral
  • Country Latvia, LV
  • Collateral Type House
  • Collateral Value 88 000,00 €
  • LTV 57%
  • Mortgage first rank
Please login to see full loan details.
Borrower
  • Country Latvia, LV
Please login to see full loan details.
The loan repayment schedule is informative and can be subject to change.
Borrower Schedule
Grace period - 5 day period after the designated payment date according to the payment schedule, when the loan is not considered to be delayed, because of the bank transfer period.
# Date Principal Interest Total
1 18.07.2020 0,00 € 500,00 € 500,00 €
2 18.08.2020 0,00 € 500,00 € 500,00 €
3 18.09.2020 0,00 € 500,00 € 500,00 €
4 18.10.2020 0,00 € 500,00 € 500,00 €
5 18.11.2020 0,00 € 500,00 € 500,00 €
6 18.12.2020 0,00 € 500,00 € 500,00 €
7 18.01.2021 0,00 € 500,00 € 500,00 €
8 18.02.2021 0,00 € 500,00 € 500,00 €
9 18.03.2021 0,00 € 500,00 € 500,00 €
10 18.04.2021 0,00 € 500,00 € 500,00 €
11 18.05.2021 0,00 € 500,00 € 500,00 €
12 18.06.2021 0,00 € 500,00 € 500,00 €
13 19.06.2021 50 000,00 € 0,00 € 50 000,00 €
Collateral
  • Country Latvia, LV
  • Collateral Type House
  • Collateral Value 88 000,00 €
  • LTV 57%
  • Mortgage first rank
Please login to see full loan details.
Leave a comment
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Investment Breakdown
Investor Amount
Investor 1 50 000,00 €
Totals 50 000,00 €
Make investment
50 000,00 €

raised of 50 000,00 €

This loan is fully invested.

Another opportunities

100% funding guarantee
  • FG
12%
Annual return
5m
Term
48%
LTV
28 500,00 €

invested 5 916,67 €

Invest
available for 27 days
100% funding guarantee
  • FG
12%
Annual return
5m
Term
58%
LTV
21 400,00 €

invested 16 578,48 €

Invest
available for 26 days
Successfully funded
  • FG
11%
Annual return
11m
Term
40%
LTV
6 200,00 €

invested 6 200,00 €

Details
View all