Changes to interest rates on Jordan loans
We are happy to announce management-level results for our Jordan loan originator, Money For Finance.
With a successful year behind them, the company has issued over 43 million EUR in loans and achieved a gross profit of 6.6M over the same period.
You can access the full report for logged-in investors here.
The company is currently conducting an audit, which is expected to be published in the coming months, as per their standard practice.
As previously announced, the decision has been made to adjust the interest rate for all Jordan loans to 12%. This change will be live from February 23, 2023.
Starting from that point, both the automated Jordan strategy and diversified strategy will invest in all loans related to Jordan, including business loans for Jordanian companies.