Mano Unija

Mano Unija
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 16 million
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
 
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
www.manounija.lt
Founded:
1996
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 0

About

Founded in 1996, MANO UNIJA is among the largest credit unions in Lithuania, with operations in the city of Vilnius and its district and in the district of Trakai. To date, MANO UNIJA has issued more than 356 corporate loans totaling EUR 12 million. The company also provides mortgage, car, and consumer loans. Owned and operated by 3 thousand members, MANO UNIJA provides a safe place in which to invest money and a fair and trusted place from which to borrow. The MANO UNIJA administration and management team includes 17 experienced financial services professionals, lawyers and representatives, who are working to ensure the credit union’s continued success.