Stats

Key Metrics: Tracking Lendo's Commitment to Transparency and Inclusion

A snapshot of key metrics such as loan volumes, default rates, and investor returns, reflecting our commitment to transparency and financial inclusion. Stay informed on Lendo's progress and impact, updated every quarter.

Last update: March 31, 2024

Traction

This section tracks our growth story since inception. 2024 numbers are up until March 31, 2024. All figures are cumulative.

Cumulative Value of Loans Disbursed

The chart displays annual loan amounts, with figures in millions.

Cumulative Number of Loans Disbursed

Chart shows the number of loans issued annually.

Customer Concentration Profile

This section exhibits the geographic and sector concentrations of our customers.

Geographic Distribution of Customers

Geographical breakdown of investors.

Sector Distribution of Customers

Industry-wise loan distribution

Pricing and Returns

This section is about the cost of loans to the borrowers, and the returns on investment for the investors on the Lendo platform.

Returns to Investors (Annualized)

This chart displays the annualized Return on Investment (ROI) on our platform. From this ROI, Lendo takes a success fee, usually 20% of the profit amount. This success fee is Lendo’s ‘skin in the game’, and only collected when the investor is paid. Any losses will reduce the investor returns as well as Lendo success fees.

Cost to borrowers (Annualized)

This chart displays the annualized borrowing cost. (Not including management fees)

Worked Example

Investor Returns = ROI less Lendo success fee (at 20%) less Loss Rate.

e.g. if ROI is 15% and Success Fees is 20% then the Investor net ROI is 15% * (1 - 20%) = 12%

Risk

This chart shows the distribution of our loans by our internal risk band. This is a summary of all loans originated in 2023 and Q1 2024.

Risk profile of Lendo Loans

Super Prime: A rated loans, Prime: B and C rated loans, Near Prime: D rated loans

Risk Band (forecasted default vs actual)

Band

Forecasted

Actual

0.6%

0.0%

1.3%

0.0%

2.3%

5.0%

1.4%

Book

2.0%

1.0%

The breakup of our Risk Band level default rates (90+ rates), vs Forecasted default rates

Performance of our book (matured loans)

Status

Performance

Satisfactory

97.5%

Delayed

1.5%

Default

1.0%

The figures include historic performance since inception. For example, 1.2% of Lendo loans have historically been delayed, even though most of these historic Delinquent loans have since paid up and the loans are now closed.

Satisfactory is defined as loans that have either been repaid early or on time, no later than 29 days after the payment due date. This is equivalent to ‘Stage 1 performing assets’

Delayed is defined as loans that are repaid between 30 - 89 days after the payment due date. This is equivalent to ‘Stage 2 underperforming assets’

Default is defined as loans that are repaid after 90 days, or remain unpaid. We will continue to pursue recovery. This is equivalent to ‘Stage 3 non-performing assets’

Notes:

To date, we have had only one borrower who has defaulted. This borrower is C rated, and there are multiple loans outstanding from that one borrower. We are actively pursuing the borrower to collect out the owed amounts on behalf of our investors.

Default Rate = [Loan Amount 90 days past due] / [Total Matured Loans]

Reporting date is March 31, 2024.