Crowdestor Account Information

Crowdestor Account Information

Updated September 1st 2019

 

Detailed Account Information & Screenshots

 

First Investment Date          – April 2019

Initial Investment Amount  – €5,000

Total Added                          – €1,000.00

Total Withdrawn                   – €0.00

Invested Currently               – €6,000.00

Current Account Balance   – €6,200.18

 

Total Return                        – €200.18

ROI% (per lender)               – 16.90% 

XIRR                                     – 13.78% 

 

 

See My Full Crowdestor Review Here

 

My Crowdestor Account Growth & Income Charts

 

Crowdestor Portfolio Growth Chart

Crowdestor Monthly Income Chart

 

Each month I send out an update on all of my Peer to Peer lending accounts. Below are the excerpts specific to Crowdestor.    Click here for all lender updates

 

 

August 2019 Monthly Update

 

CROWDESTOR

See Full Review

Crowdestor Account Screenshot for Peer to Peer Lending Update - August 2019 1

 

I started to see some more loan payments kicking in from Crowdestor in August. XIRR jumped from 11.73% in July to 13.78% in August. Some of the loan payments still haven’t kicked in yet so hopefully that will rise even more down the road.

I sent over another €1,000 and picked up 2 more loans and reinvested the interest which had come in.

 

 

Here is a list of my current investments with the last 2 loans made in August:

 

 

Crowdestor are one of the best options for high returns. If you’re interested in giving Crowdestor a try, click here to go to their website and see current offers!

 

 

 

 

July 2019 Monthly Update

 

CROWDESTOR

See Full Review

Crowdestor Account Screenshot for Peer to Peer Lending July 2019 Update 1

 

Not much to report on Crowdestor in July, although I did write an initial review on them if you’re interested in taking a look.

I reinvested a little bit of interest which had come in, but I didn’t send any more euros over there yet. I didn’t really have chance as I only changed some from USD right at the end of July. I’m still watching them but so far, so good. I’ll likely send a few more Euros over there soon and pick up some more loans.

XIRR on Crowdestor has gone from 10.80% in June to 11.73% in July which is promising, although I expect it to be a lot higher once some of the loans are repaid. Remember that a couple of the loans don’t even start paying interest for 6 months.

 

Here is a list of my current investments:

Crowdestor Account Screenshot for Peer to Peer Lending July 2019 Update 2

 

Crowdestor are one of the best options for high returns. If you’re interested in giving Crowdestor a try, click here to go to their website and see current offers!

 

 

 

 

June 2019 Monthly Update

CROWDESTOR

 

Crowdestor Account Screenshot for June 2019 Peer to Peer Lending Update

Crowdestor Loan LIsting Screenshot for June 2019 Peer to Peer Lending Update

 

Not a great deal to update you with on Crowdestor this month. I reinvested the interest I had earned into another loan as you can see at the top of the list above. Apart from that, everything seems to be on schedule. As soon as I get some more euros, I’ll be picking up a bunch more of Crowdestor’s loans.

Detailed information on their loans is public and can be seen on Crowdestor’s website

 

If you’re interested in giving Crowdestor a try, click here to go to their website and see current offers!

 

 

May 2019 Monthly Update

 

CROWDESTOR

No review yet

Crowdestor Account Screenshot for May 2019 Update 1

 

I picked up 4 more loans in May from Crowdestor. Putting around €1000 into each loan. Not great diversification, however Crowdestor provide a buyback fund for some of their loans, so I figure the only way I’m going to lose a lot of money on a loan is if Crowdestor go broke, and then all of the loans default. Unlikely but could happen, hence the 16.9% rate of return. The buyback fund is still small but will hopefully grow moving forward.

These high-paying euro loans are not as frequently available as some of the lower paying loans, so you have to trust that the lender has done their due-diligence and can honer their buyback fund and use less diversification.

 

Crowdestor Account Screenshot for May 2019 Update 2

 

 

To highlight a couple of the loans I bought.

The first is for a Hostel Renovation in Riga, Latvia (so local to where Crowdestor are situated, so they can keep an eye on the loan). The loan is paying 15% returns, and the best part? It has a 10% LTV (Loan to Value ratio)! Compare that to all my raving about Kuflink and Loanpad loans who have some at around 30%, which is still very, very low.

The loan documents all seem in order, and if that 10% LTV can be enforced, which I assume it can, then literally if the borrower were to default, the building would need to lose 90% of its value before Crowdester would have to worry about losing capital.

There are obviously the risk factors of Crowdestor being a young company, and the fact that Crowdestor and the borrower are located in another country (unless you live in Latvia of course). But that’s what we’re getting the 15% return on our investment for with this loan.

 

Crowdestor Hostel Renovation Opportunity Screenshot for May 2019 Update

 

Detailed information on this loan is public and can be seen on Crowdestor’s website

 

The second loan is a for a Biomass Boiler House. Again based in Latvia, in Olaine this time.

This project pays 18.5% interest, is for 18 months, and is secured by a grantee from the borrower SIA Olaines Enerģija, a large Cogeneration management company (kind of like a private electricity provider).

The loan is again covered by the Crowdestor Buyback Fund for another level of security.

 

Crowdestor Biomas Boiler House Opportunity Screenshot for May 2019 Update 2

Detailed information on this loan is public and can be seen on Crowdestor’s website

 

 

 

How about a UK based loan at 16%?

If you’re UK based and worried about lending on assets in other countries, even if they do have wonderful LTV’s, how about a loan in the UK?

Here’s a loan to a UK company for expanding its fleet of gas powered vehicles at 16% returns for a 12 month loan. The loan is once again covered by the Crowdestor Buyback Fund.

Crowdestor Increase of Fleet Opportunity Screenshot for May 2019 Update

Detailed information on this loan is public and can be seen on Crowdestor’s website

 

If you’re interested in giving Crowdestor a try, click here to go to their website and see current offers!

 

May 2019 Monthly Update

 

 

CROWDESTOR

No review yet

Crowdestor Account Screenshot for April 2019 Update 1.1

 

 

Crowdestor is a euro lender I have been watching for around a year now. They have some short term (typically 3 to 24 months), very interesting loans with small & large European borrowers (typically businesses). Crowdestor provides a buyback guarantee on its loans should they default.

Crowdestor are really focused on loan security and looking after their lenders it appears. First of all, each loan is secured against some type of asset with decent LTV’s. Then should the sale of the asset fall short, Crowdestors’ buyback guarantee should cover the shortfall.

That’s all providing Crowdestor is still in business of course. So far, it seems to me they are relativity careful and have good experience in the lending market. Still a young company with associated risks, however I think they’ll do well.

You’ll notice in the screenshot above, I was only able to get into 1 loan in the few days I had an account with Crowdestor. It’s an 18% return loan with a company called INCH2. You can see below for more info on this opportunity.

Crowdestor Account Screenshot for April 2019 Update 5

 

 

The thing is with many of the high-return euro lenders, the loans go very fast. This was the only loan available for investment at the time of publishing this update!

Crowdestor Account Screenshot for April 2019 Update 2

Crowdestor Account Screenshot for April 2019 Update 4 Crowdestor Account Screenshot for April 2019 Update 3

 

If you’re interested in giving Crowdestor a try, click here to go to their website and see current offers

 

 

 

 

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