🤝Lending Pools

Lending Pools are contributions from several participants to a common fund that finances the lines of credit that are assigned to the different Originators within the EthicHub ecosystem.

These funds are mainly intended for the improvement of agricultural production and the processing and export of the crop.

Each Lender chooses the amount and maturity of their contributions (investments).

The minimum amount to invest is $50 USD and the available maturity is 3, 6, 12 or 24 months.

Longer maturity brings a better interest rate.

At the maturity of the loan, the investor will be able to recover the principal plus interest.

🟢Current version (continuous interest):

If the maturity expires and the funds are not withdrawn, the loan will continue to generate interest according to the conditions chosen at the beginning.

🟢 Next version (withdrawal period):

To make the availability of funds for Originators more efficient, in the near future it is planned to implement a withdrawal period upon loan maturity. If this period is 30 days, the investor will have this time to redeem the funds into her wallet. If at the end of those 30 days funds are not redeemed, they will be considered a continued investment, for a duration equal to that initially agreed upon.