Solvesting is an investment marketplace where retail investors participate in loans to small- to medium-sized businesses (SMBs) in developing countries.
Investors participate in small amounts in each loan, earning target returns of 7%-15%. The loans are originated, vetted, and administered by licensed financial institutions that are paid an administration fee. Solvesting offers loan-dependent notes that are backed by the loans themselves, so investors arerepaid as the loan is repaid.
The loans are underwritten bymicrofinance institutions, credit unions, and banks, so the borrower has been thoroughly evaluated. These partners also handle servicing and collections, if necessary.