👥Crowdlending Details

What are the fees for crowdlending through Pyrpose?

Pyrpose applies a percentage fee on the loan amount raised for crowdlending.

What exactly is crowdlending?

Crowdlending involves providing loans to finance climate-related projects. Investors earn a fixed annual interest and reclaim their principal upon the loan’s maturity, which can range from 1 to 5 years.

How can I track the progress of a project?

Pyrpose provides updates from climate projects directly on the investors’ online profiles for convenient access.

What if Pyrpose ceases operations?

Should Pyrpose cease operations, the loans would remain unaffected as investors hold the debt contracts issued by the climate project’s owning company.