Lost 12000 euro’s in a lendahand project. But still think combining investments with a social goal is the way to go. Let’s hope they Will do better in the future.
What do you think of the information on the Lendahand website?
I would also recommend to show the money lost by investors on lendahand to show a more balanced view.
Reply Lendahand English:
Thanks for your feedback. Unfortunately our partner SimGas Kenya had to file for bankruptcy after 10 years of good work (installing biogasdigesters at households). It is also very unfortunate that you lost that amount. We always emphasize that it is highly recommended to spread loans across different investment opportunities. Nevertheless there is always a risk of loosing money. Please notice we do share actual data about late repayments and defaults on our website: https://www.lendahand.com/en-NL/portfolio BR Peter