Esketit

Basic information

For Investors

Functionality

Why invest on Esketit?

On Esketit you can make a relatively large returns 12.35% p.a.

The platform has all the required tools- auto-invest, secondary market.

Investors can invest in USDT  and USDC.

How does Esketit work?

Esketit operates as a so-called peer-to-peer marketplace, meaning you are not providing loans but you invest in already issued loans by some microfinance companies also called loan originators.

Given that all loan originators are offering a buyback guarantee (promise to buy back loan from you in case it becomes overdue) it would be fair to say that investors are basically providing loans to loan originators that are secured with claim rights towards end borrowers.

What investments does Esketit offer?

On Esketit you can invest in loans issued by microfinance companies from AvaFin Holding (formerly known as Creamfinance). Spanda Capital issues business loans in Latvia. Lendon, Extraportfel issues short-term loans in Poland. CreditAir issues long-term loans in the Czech Republic. Money for Finance issues short term in Jordan. Lyric Financial - Utopia Music issues long-term loans in Lichtenstein. Creditosi issues short-term loans in Spain. A24 Group mortgage loans in Latvia. 

What is a risk when investing on Esketit?

When investing on Esketit you basically provide a loan to the Loan originator thus your main risk is that the Loan origination will not be able to fulfill its obligations.

Should be mentioned that Loan originations on Esketit are affiliated companies and thus might create transparency risk.