The interest rate is set up after a meticulous analysis of the company
Thus contributing to the development of emerging countries.
My reimbursement is sent to my Solylend account.
Loans at Solylend are solidary investments adapted to all sorts of incomes. Each lender can invest from 20 to 2000 euros per project during the entirety of the project's financing.
The rate which allows the calculation of interests owed to the lenders is set by Solylend
after having studied the projects and the analysis of possible risks.
The rate is fixed/non-negotiable. It is applied to the outstanding capital on the day the funds are released.
Reimbursements are carried out monthly by the borrowing company. The monthly payments include a part
of the amortized capitals and a part of the calculated interest on the outstanding principal capital.
These being calculated based on the amortisation table.