frankeky:
https://www.chinmarkgroup.com/
We should investigate on this firm. Investment is from 500k. And it will stay the minimum of 5 months. You will be paid 2% every month.

Thanks for sharing. For me, that 500k price of entry is too high for an opportunity for which I'm only looking to test the waters. That's for ME though. I know there are MEN and WOMEN on NL. So if you or anyone else decides to try them out after proper research, please share with us here what your experience was.

shullygirl:



I have investment with Payvest. Their highest ROI is 15.5 per annum as of now.
Will research on others too.

Great! Thanks for sharing your knowledge. Do share what you find out about others.

Phylife:


99% lending firms and 1% real estate? I don't see anything too enticing in all of it.

My candid opinion.

At least that confirms that a key aim of this thread is being focused on: diversification to non-agritech sectors.

Besides these are just the ones I know for now. I'm sure that other Nairalanders will share others too.

shullygirl:


Thanks.
Please can specify their % ROI.

Well that's the thing, I'm still busy doing investigations. All I can say for now is that some offer up to 26% per annum while I think the lowest I've seen per annum is 18%. I suggest you pick some of them too and investigate them and share what you find so that we can all compare notes on what we found. Thanks.

Now into the meat of the matter.

The non-agritech crowdfunders that I've come across and that I'm investigating right now are the following:
- Aella: for providing micro/personal loans.
- Rentcrowdy: for providing rent payment loans/advances.
- PayvestCarbon: for powering the micro/personal loans that are provided by Carbon (formerly known as Paylater). They are different from the Payvest owned by Cosmotran that we now call PayvestCosmotran.
- TRJ Company Limited: for providing micro loans.
- Wealth.ng: investing in estate, hand-picked stocks and also some agritech.
- Lendha: most probably for powering micro/personal loans too.

So let's continue cross-examining these companies and share what we find.

This thread is a sibling of the thread on agritech crowdfunding platforms (linked below). It is birthed as a result of the post further below, which seeks to look beyond agritech platforms that crowdfund their operations to companies that crowdfund (or are trying to crowdfund) their operations in real estate, micro-lending etc. Just like the agritech thread, we are here to share ideas, review the performance of these companies and provide intel that all Nairalanders can use when doing their due diligence into whether or not to invest in these companies' offerings. We are also going to be looking at ONLY non-agritech companies in this thread as we intend to diversify our portfolio with non-agricultural opportunies. Again, read the post below for more info about "why".

Like I said this is a sibling to the agritech thread, so if you come across this thread and decide to follow it, I strongly encourage you to follow that thread too.

Now, let the discussion begin.

Agritech thread: https://www.nairaland.com/5358517/digital-agriculture-investment-platforms-options/

Post that inspired this thread:

enigmatique:
I want to suggest that we start looking into other investment platforms that crowdfund for other industries than agriculture. If a lot of us agree, we can start a separate thread to discuss, review and share our experiences with such platforms.

I'm thinking about this because I was inspired by something over the weekend. I was discussing with someone and the person said that one is not managing one's portfolio right if a dip/crash in the performance of one industry or sector of the economy leads to a decline of 50% or more of the value of one's portfolio. I initially didn't agree but when I thought about it later, I saw the wisdom in his words, as I am at risk of suffering significantly if the agritech sector goes under.

Some of the alternatives that I'm looking at are:
- Rentcrowdy.
- Wealth.ng's real estate investment options.

So how many people agree with me and are willing to start a new thread?

Cc GhostderGeist, MummyIMadeIt, Reconciled, emmaversity and tenderjunkie.

ALEX182:


That 3rd party thing sounds good. I don't want to breach professional grounds but I want to help. I'll reach out to a social worker then. I work with social workers at my job.

This is a brilliant idea. Why didn't I think of this

Hi ALEX182. For the sake of redeeming your own image as another Nigerian, I would actually prefer that you told him directly. He will be pained to hear the truth, but he will also know that it's not all Nigerians that are scammers or accomplices to the scamming that gets perpetuated by Nigerians. This is the same argument that J111333 was making when he encouraged you to tell him directly. I agree with him. So please tell him directly.

On the other hand, consider what might happen if a social worker tells him on your behalf instead. Unless the social worker reveals you as the source of the info, he will eventually also look like at you in the light of the experience he has had with the scammer and not in the light of the person who saved him from the scam. It would have been best if he were not scammed at all, let alone by a Nigerian. But since he's being scammed by a Nigerian already, it would go a long way in redeeming your image as a Nigerian if he was also delivered from the trap by a Nigerian who saw the trouble he is in.

Thanks.

For your reference, the post by J111333 that I'm talking about is this:

J111333:
If I were you, I would've told him on the spot and even given him hints on how to catch the idiot.
I work so hard to keep my integrity and I hate people that try to ruin it simply because I share original nationality with them.