Yes, some loans listed on Afranga include an early repayment option, which allows the Borrower to repay the loan before its scheduled maturity date.
How Early Repayment Works:
- When this option is enabled, the Borrower may choose to repay the full outstanding amount ahead of schedule.
- In such cases, investors receive an early repayment fee, which is typically 1–2% of the outstanding principal.
- This fee is credited directly to your Afranga account once the early repayment is processed.
Where to Check:
You can see whether a loan has the early repayment option and the associated fee in the Loan Details page.
Good to Know:
Early repayments may result in a shorter investment duration but come with additional compensation for investors. Always review the terms before investing.
For any questions, feel free to contact us at support@afranga.com.