{"id":23193,"date":"2019-06-14T12:31:44","date_gmt":"2019-06-14T09:31:44","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=23193"},"modified":"2019-06-14T12:31:44","modified_gmt":"2019-06-14T09:31:44","slug":"may-originations-2019","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/may-originations-2019\/","title":{"rendered":"Everything you need to know about originations in May"},"content":{"rendered":"\n

In April<\/a>, Bondora origination statistics pointed to a strong peer-to-peer lending market for investors. During May, these figures were solidified, as almost all trends in Bondora loans over the month held steady, with all signs pointing towards a stable lending market. <\/p>\n\n\n\n

<\/p>\n\n\n\n

Country Breakdown<\/strong><\/h2>\n\n\n\n

Loan originations were\nalmost identical to April, totaling \u20ac11,051,010, up by 0.4% compared to last\nmonth. Originations out of Estonia dropped by 2.53% to 41.79% of the total\nshare of Bondora loans. Alternatively, Finnish loans rose in total share from\n53.9% to 55%.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

The majority of the increase in Finnish loans came in F rated loans out of the country, which garnered 49.1% of all Bondora loans on the month. The only other loan categories to hold a double-digit share of all loans were C, D, and E rated loans from Estonia. All other loan categories failed to hold a significant share of Bondora loans on the month.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Increasing Loan Amounts and Durations<\/h2>\n\n\n\n

In Spain, the average\nloan amounts rose considerably, up by 10.1% to \u20ac1,858. Meanwhile, average loans\nin Finland and Estonia dropped, to \u20ac4,168 and \u20ac2,181 respectively. <\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Higher loan amounts in\nSpain also correlated with longer average loan durations. The average loan\nduration in Spain was 50 months in May compared to 44 months in April. Loan\ndurations in Estonia and Finland were both on par with averages from last\nmonth.<\/p>\n\n\n\n

\"\"

<\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Stronger Finnish Borrowers<\/h2>\n\n\n\n

A borrower\u2019s income is\none of the many key indicators we assess before issuing a loan. In May, Bondora\nissued loans to borrowers in Finland who earned significantly more income than\nprevious months. The average monthly income for borrowers out of Finland was up\na solid 18.2%, to \u20ac3,626. Incomes of Spanish and Estonian borrowers were\nrelatively similar to previous months. <\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Trends in educational\nstatistics for Bondora borrowers remained constant over the month. The majority\nof Estonian borrowers have a high school education, while the biggest sub-set\nof Finnish borrowers have a vocational school education. <\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Employment<\/strong><\/h2>\n\n\n\n

Bondora borrowers\nmaintained their level of employment in May, with an identical ratio of\nborrowers who have been employed for up to 5-years or more than 50-years\n(65.8%).<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Home Ownership Status <\/strong><\/h2>\n\n\n\n

Home ownership trends were continued in May. In Estonia, \u2018Owner\u2019 is most common (45.0% of all borrowers), while in Finland more borrowers are tenants (48.2% of all borrowers). These figures were slightly higher than in April.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Verification Status<\/strong><\/h2>\n\n\n\n

Slightly more Estonian borrowers were verified in May, with 43.5% of total borrowers in the country going through the verification process. 69.4% of Finnish borrowers were verified in May, in-line with the previous month. While there are significantly less borrowers in Spain, they are much more likely to be verified, with 88.7% of all borrowers from Spain verified.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Origination Stability<\/strong><\/h2>\n\n\n\n

Origination trends and\ndata in May were almost identical to figures in April in many different\ncategories. This points to a stable peer-to-peer lending market in which\nBondora has found its place. The biggest positive from the month was the\ndrastic increase in average income from Finnish borrowers, who, with higher\nregular incomes, are more likely to make loan payments in a timely manner. <\/p>\n\n\n\n

Learn more about Bondora\ninvestment products here<\/a>.<\/h4>\n","protected":false},"excerpt":{"rendered":"

In April, Bondora origination statistics pointed to a strong peer-to-peer lending market for investors. During May, these figures were solidified, as almost all trends in Bondora loans over the month held steady, with all signs pointing towards a stable lending market. Country Breakdown Loan originations were almost identical to April, totaling \u20ac11,051,010, up by 0.4% […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-23193","post","type-post","status-publish","format-standard","hentry","category-stats-and-data"],"acf":[],"featured_image":null,"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/23193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=23193"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/23193\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=23193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=23193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=23193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}