Mikro Kapital grows on Mintos by adding business loans from Moldova

01.08.2019

mintosblog

Mikro Kapital, which recently launched its business loans from the Russian Federation, is now giving you even more investment opportunities on the marketplace, but this time from a different country – Moldova!

Mikro Kapital Moldova is a non-bank credit organisation (NBCO) that provides loans to micro and small enterprises and private individuals in the Republic of Moldova. Since its inception in 2013, by the end of the first quarter of this year, the Moldovian business has issued more than 3,900 loans.

Mikro Kapital Moldova ranks in top 10 NBCOs

In Moldova, there are 199 registered NBCOs. At the end of 2018, Mikro Kapital Moldova was the 9th largest lender by gross loan portfolio volume. In the country, NBCOs are monitored and supervised by the National Commission of Financial Market.

Mikro Kapital Moldova is a part of Mikro Kapital Group, a global holding company, uniting financial institutions in Italy, Switzerland, Luxemburg, Armenia, Russia, Belarus, Romania, Moldova, Tajikistan and other countries. The group was founded in 2008, and as of December 31, 2018, the Group had total assets under management of EUR 530 million.

What Mikro Kapital Moldova is offering you on Mintos

Mikro Kapital Moldova now offers you its Moldova-issued business loans for investment on the marketplace listed in EUR. The loans range from EUR 500 to EUR 150 000 with an average maturity of 44 months. You can expect net annual returns of up to 9%.

All loans issued by Mikro Kapital Moldova come with a buyback guarantee. This means, should a loan become delinquent for 60 days or more, the company will repurchase the loan. In addition, the loan originator will retain a stake of 5% in each loan, to keep its skin in the game.

On Mintos, Mikro Kapital Moldova has a Mintos Rating of A-. This is primarily due to the solid financial performance of the company, management’s track record, and stable portfolio quality metrics for an extended period of time. As of the end of May this year the company had a net loan portfolio of EUR 12.4 million and a net profit of EUR 0.2 million.

For a more in-depth explanation of the company’s financial performance, management structure and operations in Moldova, you can take a look at the company’s presentation here.

To obtain exposure to Mikro Kapital Moldova loans, investors will be able to invest in loans issued by Mintos Finance to Mikro Kapital Moldova, where repayments depend on the borrower’s payments. Each loan issued by Mintos Finance to Mikro Kapital Moldova will be pegged to a respective loan issued by Mikro Kapital Moldova to the final borrower.

Don’t miss out on this great opportunity to invest in Moldova-issued business loans from Mikro Kapital Moldova. If you use Auto Invest, be sure to update your settings accordingly.