How liquid are the investments?

Investments on Afranga are not immediately liquid

Once you invest in a loan on Afranga, your funds are generally locked in until the Borrower repays the loan according to its repayment schedule. Most loans follow a bullet structure, meaning principal is paid at maturity.

SaveSmart: limited early withdrawal

If you hold a SaveSmart investment, you can request an early withdrawal of part of your principal before the term ends: up to 30% of what you have invested in SaveSmart over the last 12 months, with a €5,000 ceiling per rolling 365-day period and a 1% fee. Requests are approved manually and paid subject to available funds, so this is not an instant exit. See “Can I withdraw my money before maturity?”.

Secondary Market

You can offer an active investment for sale to other Afranga investors before it matures. You set the price yourself, as a discount or premium of up to 15% against your outstanding principal, and Afranga charges no fee to sell or to buy. The minimum you can list is €100; a position below €100 can be sold only in full.

SaveSmart investments cannot be listed on the Secondary Market – use the early withdrawal option above instead.

A sale is not an exit on demand. Whether a listing sells, and how quickly, depends on demand from other investors. It may sell in part, take time, or not sell at all. See “What is a secondary market?” for how it works.

Important consideration

Because your ability to exit an investment early is limited, Afranga loans should be viewed as medium to long-term investments. Always assess your liquidity needs before investing.

For additional details, contact us at support@afranga.com.