Introducing SaveSmart on Afranga
A simpler way to invest with structured monthly interest payments. At Afranga, we continuously work on expanding our product offering to serve different investor needs.
SaveSmart is a fixed-term investment product designed to offer simplicity, clarity, and structured monthly interest payments. It's built for investors who prefer a straightforward approach over manual portfolio selection.
What Is SaveSmart?
SaveSmart enables fixed-term investments with monthly interest distributions. Despite its simplicity, it remains a private loan agreement between you and the Loan Originator, maintaining regulatory alignment under ECSP. Stikcredit serves as the exclusive initial provider.
How It Works
- Select a term (3, 6, or 12 months)
- View the interest rate for your selected term
- Invest your chosen amount
- Receive monthly interest payments
- Receive your principal back at maturity
Repayment follows a bullet structure — you receive monthly interest payments throughout the term, and your full principal is returned at the end.
Maturity Dates
Investments mature on predefined repayment days. The actual duration may extend slightly beyond the selected term — maximum one additional calendar month — with transparent interest calculations covering the full investment period.
Automatic Reinvestment
You can enable automatic reinvestment to restart your position at maturity using the same terms. Interest rates reflect the rates available at reinvestment time. This option can be adjusted anytime before maturity.
Liquidity
SaveSmart investments are currently illiquid — no early withdrawals are permitted. Your capital remains locked throughout the selected term. We are exploring options for enhanced flexibility in the future.
Regulatory Framework
You can review loan agreements, Key Investment Information Sheets, and terms before committing. Non-sophisticated investors receive a mandatory 4-day reflection period for potential penalty-free revocation. ECSP protections and platform-level credit controls apply.
Important: SaveSmart is not a bank deposit and is not covered by deposit guarantee schemes.
Who Is SaveSmart For?
SaveSmart is designed for investors who value simplicity over active selection, are comfortable with fixed-term commitments, prefer a hands-off approach, or seek predictable monthly income streams.
