In October 2012 I started p2p lending at Bondora. Since then I periodically wrote on my experiences – you can read my last blog article here. Since the start I did deposit 14,000 Euro (approx. 17,800 US$). My portfolio is very much diversified. Most loan parts I hold are for loan terms between 36 and 60 months. Together the loans add up to 17,924 Euro outstanding principal. Loans in the value of 2,084 Euro are overdue, meaning they (partly) missed one or two repayments. 1,327 Euro principal is stuck in loans that are more than 60 days late. I already received 7,608 Euro in repaid principal back (which I reinvested).
Chart 1: Screenshot of loan status
At the moment I have 430 Euro in bids in open market listings and 394 Euro cash available.
Chart 2: Screenshot of account balance
Return on Invest
Currently Isepankur shows my ROI to be over 27.8%. In my own calculations, using XIRR in Excel, I currently get a 25.5% ROI. Assuming that 30% of my 60+days overdue and 15% of my overdue loans will not be recovered my ROI still calculates to 22.1% .
What happened in the past 3 months since my last blog post?
During the summer I was not very active in managing my Bondora investment. I let my automatic profiles (they are now called Portfolio Manager) run and occasionally manually bought some loans on the primary and secondary market. On the primary market I mostly did small investments in Estonian loans of all verification methods.
In case you wonder what happened to the large Bondora+ positions from the trading experiment in my last article. I still have most of these parts and I am happy to report that the loans where I have very many parts are all paying so far. Only one Bondora+ loan I picked up for trading has defaulted. But I only have 3 parts with 90 Euro total invested in this loan.
Bondora continues to provide more and more useful data. Yesterday I did my first test with the private data download (it is at Invest > My Investments > Data Export (Beta)). This feature allows investors to do Excel data downloads (e.g. own investment portfolio, future cashflow, or transaction history of own loan parts on the secondary market). Especially the last one is useful; as it simplifies to keep track which parts sold at which markups/discounts and which did not sell.
How is your Bondora portfolio doing? Share your review in the forum.
Chart 3: Statistics on ROI and funded volume