Introducing SaveSmart on Afranga

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A simpler way to invest with structured monthly interest payments

At Afranga, we continuously work on expanding our product offering to better serve different investor preferences. While many investors enjoy selecting individual loans and building diversified portfolios manually, others prefer a more straightforward and predictable approach.

That’s why we’re introducing SaveSmart — a fixed-term investment product designed to offer simplicity, clarity, and structured monthly interest payments.fensuring fairness in interest

Below, you’ll find what SaveSmart is, how it works, and what it means for you as an investor.

What Is SaveSmart?

SaveSmart is a fixed-term investment product that allows you to invest funds for a predefined period while receiving monthly interest payments.

Although SaveSmart offers ease and simplicity, the investment remains a private loan agreement between you and the Loan Originator. This ensures the product remains fully aligned with Afranga’s regulatory framework under ECSP.

At launch, SaveSmart is offered exclusively by Stikcredit as the Loan Originator.

How It Works

SaveSmart is designed to be simple:

  1. You choose an investment term.
  2. You see the applicable interest rate upfront.
  3. You invest.
  4. You receive monthly interest payments.
  5. Your principal is repaid in full at maturity.

Available investment terms include:

  • 3 months
  • 6 months
  • 12 months

Each term has a predefined interest rate displayed clearly before you confirm your investment.

All SaveSmart investments follow a bullet repayment structure:

  • Interest is paid monthly to your Afranga wallet.
  • The principal is repaid in full at the end of the term.

Maturity Dates and Investment Duration

SaveSmart investments mature on a predefined repayment day of the month set by the Loan Originator.

This means:

  • The actual investment duration may be slightly longer than the selected term — but not more than one calendar month.
  • The exact maturity date is shown before you invest.
  • Interest is calculated for the full period your funds are invested.

This structure improves repayment alignment and operational efficiency while applying transparent and proportional interest calculation.

Automatic Reinvestment Option

If you prefer to keep your funds continuously invested, you can enable the “Re-invest” option.

When enabled:

  • Your principal is automatically reinvested at maturity.
  • The new investment uses the same maturity period.
  • The applicable interest rate will be the rate available at the time of reinvestment.
  • You can disable this option at any time before maturity.

This helps avoid idle funds in your wallet and supports a smoother long-term strategy.

Important: Liquidity

At launch, SaveSmart investments are not liquid.

This means:

  • You cannot withdraw funds before maturity.
  • Your investment remains locked for the full term.
  • You should only invest funds you are comfortable committing for the selected period.

We understand that flexibility is important to many investors and are exploring ways to enhance the product in the future. Any updates will be clearly communicated.

Regulatory Protection and Transparency

Before investing, you can review:

  • A sample loan agreement
  • The Key Investment Information Sheet (KIIS)
  • The SaveSmart Terms and Conditions

If you are classified as a non-sophisticated investor, a mandatory 4-day reflection period applies. During this time, you may revoke your investment without penalty.

As with all investments on Afranga:

  • Investments are governed by legally binding agreements.
  • Regulatory protections under ECSP apply.
  • Credit limits and risk controls are enforced at platform level.

SaveSmart is not a bank deposit and is not covered by deposit guarantee schemes. As with any investment, there is a risk of partial or full loss of capital.

Who Is SaveSmart For?

SaveSmart may be suitable for investors who:

  • Value simplicity over active loan selection
  • Are comfortable locking funds for a fixed term
  • Seek a structured, hands-off approach
  • Prefer predictable monthly income

If you may need access to your funds before maturity, SaveSmart may not be the right product for you.

A New Step Toward Simpler Investing

SaveSmart represents another step in Afranga’s ongoing effort to provide flexible, transparent investment solutions tailored to different investor needs.

Whether you prefer actively building your portfolio loan by loan or choosing a simplified fixed-term approach, Afranga continues to expand the tools available to you.

If you have questions about SaveSmart, our support team is always happy to help.

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