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Goldfinch
Question
ZapTinker
@utf63fish · Oct 16, 2023, 14:09
Why are there sometimes losses in July, August, September and other months in 2023?
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Comments (1)
reddigy
@gpe75fish · Oct 16, 2023, 20:28
Problems at Goldfinch's lender resulted in a 3.95% decrease in the senior pool. 😞
This is due to the decrease in the senior pool spread over the four months beginning in July.
Although the assets are down 3.95%, the net APY excluding GFI Rewards is positive at 1.5%.
The loan is to a motorcycle cab business in Uganda.
For more information, see Goldfinch Announcement
gov.goldfinch.finance/t/update-on-the-tugende-kenya-facility/1809
This is due to the decrease in the senior pool spread over the four months beginning in July.
Although the assets are down 3.95%, the net APY excluding GFI Rewards is positive at 1.5%.
The loan is to a motorcycle cab business in Uganda.
For more information, see Goldfinch Announcement
gov.goldfinch.finance/t/update-on-the-tugende-kenya-facility/1809
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