What will I receive if my investment is sold?

When another investor buys your listing, you receive the full sale price you set. Afranga charges no fee to sell on the Secondary Market, so nothing is deducted from your proceeds.

Where the money goes

The proceeds are credited to your Afranga wallet once the sale completes. From there you can:

• Reinvest in other loans
• Withdraw to your linked bank account
• Keep the funds in your wallet

Your accrued interest stays with you

Interest that accrued on the loan up to the sale date belongs to you, not to the buyer. It is not included in the sale price and it is not lost: you receive it when the Borrower makes their next scheduled payment.

Interest accruing after the sale date belongs to the buyer. The buyer takes over the outstanding principal only, and the interest is split between you by day.

Example. You hold €500 of outstanding principal and list it at par. Twenty days of interest have accrued since the Borrower’s last payment. A buyer purchases the listing: €500 is credited to your wallet when the sale completes, and the twenty days of interest reach you with the Borrower’s next payment. Interest from the sale date onwards goes to the buyer.

If only part of your listing sells

A buyer can purchase part of a listing, in amounts of €100 or more. If that happens, you receive the price for the part that sold and the remainder stays listed until it sells or you cancel it. A remainder below €100 can only be bought in full.

You keep the accrued interest up to the sale date on the part that sold, and you continue to earn interest as normal on the part you still hold.

Your record of the sale

Each completed sale generates an Assignment Agreement, stored in your profile alongside the original Loan Agreement. The sale also appears in your account statement.

Once a listing is purchased, the sale is final and cannot be reversed. As with all investments, your capital is at risk. If you have questions, contact us at support@afranga.com.