Loans are limited to €100 on projects under €250,000
We have decided to limit the investment to a maximum of €100 for projects under €250,000 to enable more lenders to take part in projects.
This limit will allow us to double the number of lenders on projects below €250,000. Indeed, the average amount of lent per project is € 115 and few lenders are investing larger sums. On the other hand, since the sums can go up to € 2,000 per project, a small number of lenders can take a very significant place. For example, it is not uncommon for 20% of individual lenders to account for more than 65% of the total amount lent by individuals.
More diversification for individual lenders
This limit allows more lenders to invest and thus diversify their loan portfolio more widely. It also has no impact on the distribution between institutional lenders and individual lenders. Institutional Investors will remain at 51%. The idea is not to increase this share, but to increase the number of private lenders.
As a reminder, institutional investors automatically lend 51% at the beginning of the project and then complete if there are not enough individual lenders (which is often the case on loans exceeding € 300,000 for example).