PeerBerry business partners have repaid 89 per cent of war-affected loans
PeerBerry’s originators are repaying an additional €1.8m (1.5m) of war-affected loans today.
The European lending marketplace has been working to repay all loans impacted by the Russian invasion of Ukraine, since the conflict began in February 2022.
Read more: PeerBerry funds loans worth €65m in March
PeerBerry business partners have repaid €44.58m, or 89 per cent of the total war-affected obligations towards PeerBerry investors.
PeerBerry has a dedicated FAQ section on the website about war-affected loans, but investors have been urged to contact the platform directly if they have any further questions about the loan repayments.
Read more: PeerBerry re-lists CashX loans after Sri Lanka conditions improve
Investors can see the progress of repayments of war-affected loans (the total repaid amount, the amount of remaining war-affected obligations, and repayments by separate lenders or groups) on the platform’s statistics page.
The platform reminded investors that two of its Ukraine-based loan originators – AutoMoney UA and Slon Credit UA – continue to hold long-term loans which are being repaid under the initial loan schedule. The last payments of these loans are being repaid with the accrued interest.
The repayments of war-affected loans are made in the middle of each month.
Read more: PeerBerry last month passed its 70,000 investor milestone after a bumper May.