The following is the list of the 4 focus phases (including 3 reports to lenders) that MEnvesti borrowers need to go through once the crowdfunding for their respective projects is completed. For each phase, the number in circle is the maximum points an Analyst may award to the borrower's project. At the end of this Process, the project needs to have earned at least 70 points and achieve 100% repayment rate.
Note: Some projects may be eligible to receive all funds in one payment if they send a request to our team.
Payment of the participation fee (if any). Immediate disbursement of 25% of the remaining funds to the borrower.
1st report submitted by the borrower. Disbursement of an additional 25% off the funds to the borrower.
2nd report submitted by the borrower. Payment of an additional 25% off the funds to the borrower
3rd and final report submitted by the borrower. Disbursement of the remaining funds to the borrower.