A more predictable way to manage your earnings
At Afranga, we’re constantly improving the way our platform works – not just by adding new features, but by refining the underlying mechanics that make investing and borrowing smoother for everyone involved.
We’ve recently introduced a new repayment logic designed to improve cash flow predictability for both investors and loan originators. While the change is subtle, it brings meaningful benefits in how repayments are scheduled and aligned over the life of a loan.
Read below what’s changing, why it matters, and what it means for you.
What’s New?
Under the new logic, loan originators can define a fixed repayment day of the month.
For example, a loan originator like Stikcredit may choose the 15th of each month as its standard repayment date.
From that point on:
- All new loans issued by that loan originator will follow this fixed monthly repayment day
- Scheduled repayments will no longer be tied to the individual loan’s closing date
- All loans of a loan originator will have consistent, calendar-aligned repayment dates
This approach replaces the previous model where repayment dates were calculated directly from the loan closing date, which could result in repayments falling on different days of the month across otherwise similar loans.
What This Means for Investors
For investors, the benefits are straightforward:
- Consistent monthly repayment dates, making cash flows easier to track and plan
- Improved predictability, especially when building long-term investment strategies
- No impact on existing loans — the change applies only to new loans
- No impact on loan originators that do not define a fixed repayment day
Importantly, this update does not affect interest rates, expected returns, or how interest is calculated overall. It purely improves the structure and timing of repayments.
First Interest Repayment
To ensure fairness and proper interest calculation, the first repayment follows a clear set of rules:
- The first interest payment is always at least one month after the loan closing date
- The first repayment date will be the first predefined repayment day that meets this minimum one-month period
- Interest for the first instalment is calculated for the entire period between loan closing and the first repayment date
In practice, this means that the first interest payment may cover slightly more than one month but it always reflects the actual time the funds were invested.
Maturity Alignment and Loan Term Length
Another important change is how loan maturity dates are handled.
With the new logic:
- Loan maturity will always fall on the predefined repayment day of the loan originator
- As a result, the total loan term (from loan closing to maturity) may be slightly longer than the standard 12, 24, or 48 months
- In rare edge cases, this can extend the loan by almost one additional month
Example:
A 48-month loan closed on 16 January 2026, with a fixed repayment day of the 15th, would mature on 15 February 2030. Technically, this makes the total duration just under 49 months.
This does not change the interest logic — it simply ensures that repayments and maturity dates stay aligned to a predictable monthly schedule.
Why We Made This Change
As Afranga continues to grow, aligning repayment schedules across loans helps create a more transparent, investor-friendly marketplace. Fixed repayment days reduce fragmentation, simplify reporting, and make portfolio cash flows more predictable — without introducing additional risk or complexity.
This is another step in our ongoing effort to refine the platform while keeping investor interests front and center.
If you have questions about how this affects a specific loan, our support team is always happy to help.