We have said it before, and we’ll say it again – the ongoing economic fluctuations caused by the COVID-19 pandemic doesn’t scare us. Yes, we know it’s all serious and times have been uneasy, to say the least, but we at VIAINVEST are fully prepared and equipped to go forward. To prove that these are not just words, we are proud to present to you the latest addition to our business loan portfolio – loan for consumer loan business development in Vietnam (not pre-funded).
You may have noticed that some time ago VIAINVEST mother company VIA SMS Group partnered with another fintech frontrunner TWINO to enter the Vietnamese consumer lending market with a brand VAMO on equal terms – sharing 50% of business each. Since consumer lending has been the core business for both partners for over 10 years, companies were able to find common ground on sharing the know-how and resources to target less-explored Asia-Pacific market, while aiming to diversify consumer lending portfolio and expanding their global reach.
“Why Vietnam?” you might wonder, and you have every right to do so. We know for a fact that Vietnam is a market with a potential still waiting to be explored, and there has been a strong demand for consumer lending services. Besides, Vietnam is considered to be a model country due to the success it has achieved while handling the effects of the pandemic – both in terms of public health and economy. We have every reason to believe that this is an amazing opportunity for our investors to become part of a growing business in the Vietnamese consumer lending market while earning up to 14% annually. Vietnamese business loan is listed on VIAINVEST with a 12% interest rate paid on a monthly basis and additional 2% paid at maturity, reaching the total return of 14%.
As the business in Vietnam is growing rapidly, VIA SMS Group is looking for additional funding sources to support business operations in this country. How is this business loan different from the one listed before? It is worth noting that the Vietnam business loan has a brand new feature – an early exit option that will allow investors to exit the investment taking into account the prior notice period – 1, 3, or 6 months. As usual – the longer you stay invested, the more you can earn from this loan. Patience is a virtue, after all, and it gets rewarded, especially when it comes to investing with VIAINVEST. Besides, this is yet another chance for you to diversify your investment portfolio.
Curious? Explore all the benefits that come with this investment possibility and the conditions concerning early exit option by digging deeper into the loan profile here. If you are an existing member of VIAINVEST investor community, you probably already know the drill – to include the business loan in your auto invest portfolio, go to your investor profile and adjust your portfolio by choosing Business loan as the loan type and VIA SMS Group (Vietnam) as the loan originator. Keep in mind that there are currently two business loans listed on the platform – real estate development project in Barcelona and consumer lending business development project in Vietnam, so we have distinguished these two business loans as two separate loan originators in the list of auto invest filters. If you wish to invest in the real estate project in Barcelona, adjust your auto invest settings by selecting b VIA SMS Group (Spain) as the loan originator.
Please note that earnings from investments made into this loan will not be taxed on the platform, however, it remains the responsibility of each individual investor to oversee and conduct his/her personal tax issues. Also, no Buyback guarantee is applicable to this loan.
For more details on the aforementioned project, please go to the business loan profile on VIA SMS Group website section Ventures or reach out to Investor Support Service by e-mailing to email@example.com.