New originator in iuvo

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Viva_Credit

We are happy to inform you that Viva Credit, one of the most popular non-banking financial institutions in Bulgaria, has joined iuvo. The company has been operating on the Bulgarian market since 2012.

On the first stage, Viva Credit will list on the platform loans of its portfolio up to the amount of BGN 1,500 and which are not collateralized, and it will subsequently start listing loans secured by mortgages as well. The company will be required to retain at least 30% of the amount of each loan listed on iuvo.

Viva Credit is specialized in small loans, and its speed and convenience provided in applying for and utilization of its products are among the most serious market advantages of the company. Customers may apply for the products online, by telephone or in any of the 60 offices of the company within the country, and they may choose how to utilize their money – online, by bank transfer, in an office or at a cash desk of Easy Pay or Fast Pay, or in any office of the partners of Viva Credit.

Our decision to start working with iuvo is crucial in the history of the company’s development and it happens on the eve of our fifth anniversary as a financial institution in the country. Our plans are to gradually enrich the loan portfolio, which will list on iuvo, starting from small consumer loans to loans for a greater amount secured by a mortgage. We believe that with this innovative step we will be able to contribute to the expansion of our business model, as well as the provision of a variety of products and services to our customers,’ said Desislava Dimitrova, Executive Director of Viva Credit.

 

Financial data for 2015:

(In EUR thousand)
Net interest income 3 806
Net profit 618
Total assets 3 148
Loans granted to customers 7 587

The full financial statements for 2015 of the company can be found here.

Register now and see the credits of Viva Credit in which you can invest!

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