Projection of the Default Rate for 2024

At Fagura.ro, we are committed to maintaining transparency in our communication with investors. The default rate, representing the percentage of loans that have not been repaid according to the established terms, is an essential indicator of our portfolio’s performance and the risk associated with investments on our platform.

According to Delegated Regulation (EU) 2022/2115, a default situation arises when:

  • It is unlikely that the project developer will pay in full or fulfill their obligations without resorting to actions such as the enforcement of guarantees;
  • The project developer has a delay of more than 90 days on a significant obligation related to the loan.

For the year 2024, we estimate a default rate of 10% across all risk grades, based on internal analyses and data from external sources.

Starting in 2025, we will publish both the actual default rates and projections for each risk grade, once we have sufficient historical data. This approach is in line with our reporting obligations and underscores our commitment to transparency and accurate information.

We continue to closely monitor the portfolio’s performance and apply rigorous risk management strategies, thus protecting our investors’ interests and ensuring the long-term success of the Fagura.ro platform.

Investing in crowdfunding projects involves risks, including the risk of partial or total loss of the invested funds. Your investment is not covered by deposit guarantee schemes established in accordance with the Directive 2014/49/EU of the European Parliament and of the Council. Also, your investment is not covered by investor compensation schemes established in accordance with the Directive 97/9/EC of the European Parliament and of the Council. Your investment may not generate any income. This is not a savings product and we advise you not to invest more than 10% of your net capital in crowdfunding projects. You may not be able to sell your investments when you want to. If you are able to sell them, you may still make a loss.

Your investment may not generate any income. This is not a savings product and we advise you not to invest more than 10% of your net capital in crowdfunding projects. You may not be able to sell the investment instruments when you want to. If you are able to sell them, you may still make a loss.