Reviews

Lendahand English
8 / 10
128 reviews
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88% of the customers recommend this company.

128 Reviews

Anonymously

8/10

Efficient and easy going

What do you think of the information on the Lendahand website?

I like the Q&A section and I scrolled through the projects which is interesting.
I would recommend you can search based on either continent or country though.
The English text has too... I like the Q&A section and I scrolled through the projects which is interesting.
I would recommend you can search based on either continent or country though.
The English text has too many typos - this needs to be addressed.
Not sure where I can find info about the projects once they matured ?

Carola Bieniek

10/10

Great experience

What do you think of the information on the Lendahand website?

In-depth and easy to find.

Antía

8/10

ACABO DE HACER MI PRIMERA INVERSIÓN, NECESITO UN POCO DE TIEMPO PARA PODER OPINAR

What do you think of the information on the Lendahand website?

Me parece bastante completa, pero estaría muy bien que la página estuviese en españo

Anonymously

10/10

Very reliable platform.

Cedric

8/10

I agreed to investe a small amount in two projects. One is fully funded.

What do you think of the information on the Lendahand website?

I would like to stay informed in the projects I'm investing in. Is there any such information on the webpages?

Linus Grob

8/10

It's good and intuitive. The only two exceptions to that are that the e-wallet overview doesn't include projects that I invested in but haven't started yet and the fact that I sometimes need to wait... It's good and intuitive. The only two exceptions to that are that the e-wallet overview doesn't include projects that I invested in but haven't started yet and the fact that I sometimes need to wait up to 20min before I can perform my payment (it says sth. about something still being processed, has happened already twice already).
I would recommend it, but with caution since I haven't received any returns so far.

What do you think of the information on the Lendahand website?

The transparency regarding defaults and your own margins is exceptional. This way I can imagine, how much the end borrower finally pays, which is very hard on other platforms and makes me wonder, if... The transparency regarding defaults and your own margins is exceptional. This way I can imagine, how much the end borrower finally pays, which is very hard on other platforms and makes me wonder, if those loans are actually "social". On the other hand, I also wonder how viable your business model is; by multiplying the total amount borrowed over the last few years with your margin, turnover seems very low. Ergo I hope you're thinking about how to scale up most efficiently. For instance, you could stop offering those small 3.00% projects separately and instead make a "fund" where you put in all those projects and people can invest continuously. From what I saw on your platform so far, this would make most sense for small environmental projects and small projects benefitting women.

Rogier

9/10

The website is very clear and easy to use.
So far payments are on time, but i only started investing here 10 months ago

What do you think of the information on the Lendahand website?

I think that you can be more transparent on how much rent the lender is going to pay for a particular project and how this compares to a conventional loan from the bank fro instance. So we lend out... I think that you can be more transparent on how much rent the lender is going to pay for a particular project and how this compares to a conventional loan from the bank fro instance. So we lend out money for 6% , lendahand takes 3% and a local partner takes also 3%, then the lender will have to pay 12% rent. I think it would be fair to know as a investor what the lender is going to pay for each specific project.

Harm Jeurink

9/10

Fine and clearly working with Lendahand

What do you think of the information on the Lendahand website?

For me it's clearly and enough info about the projects

Piza68

5/10

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... 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

Harry

9/10

Easy to use. I like the direct connection with producers that LendAHand provides

What do you think of the information on the Lendahand website?

The information is focussed on the activities of the business which enables me to decide on whether this is the sort of activity that I would like to support. The financial information is fairly... The information is focussed on the activities of the business which enables me to decide on whether this is the sort of activity that I would like to support. The financial information is fairly limited so I rely on LendAHand's assessment of the projects.

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