Does interest accrue while the loan is active for funding?

No — interest does not accrue while a loan is still in its funding phase on the Afranga platform.

When Does Interest Start?

Interest begins to accrue only after the loan closes — that is, when the loan’s funding period ends and the loan becomes officially active.

At this point, the Borrower receives the invested funds, and the loan enters the repayment phase.

Why This Matters:

• You earn interest only during the actual loan term, not during the funding window.
• This ensures interest is calculated fairly, based on when your funds are actually deployed.

Where to Check:

You can view each loan’s funding deadline and activation date in the Loan Details Page.

Need Help?

For any questions about loan funding or interest accrual, feel free to reach out to our team at support@afranga.com.