Is there any security attached to the loan?

When you invest through Afranga, you're providing a direct loan to the borrowing company. This means the borrower is fully liable for repaying the loan using the entirety of its assets.

Loan Structure:

• Loans on Afranga are unsecured unless otherwise stated.
• The borrowing company is legally bound to fulfill its repayment obligations using all available assets.

Where to Check for Security Details:

• Review the Loan Details Page and the Key Investment Information Sheet (KIIS) for:
  
  • Information on any collateral or security linked to the loan
  • Specific clauses on guarantees or seniority in repayment

Note:
While most loans are not secured by specific collateral, Afranga conducts thorough due diligence on all borrowers to assess their financial stability and ability to repay.

For more information on risk and loan structures, please contact us at support@afranga.com.