Fully backed by underlying assets
Principal and interest guarantee
Maturity ranging from 1-36 months
Average duration less than 6 months
Diversified assets with small loan size
Full Transparency of Underlying Assets
Rigorous due diligence
Ongoing compliance check
As the seventh largest economy in the world, ASEAN's economy is growing rapidly, with a GDP growth rate of 5-6%.
With 650 million people, the Association of Southeast Asian Nations (ASEAN) has the 3rd largest population in the world and a GDP of $2.8 trillion.
Invests in Southeast Asia beneficial from the Belt and Road policy.
Underdeveloped financial markets and limited penetration by traditional banks, combined with high and growing internet coverage, create opportunities for consumer finance.
The Local Lending Platform uses the underlying assets package as collateral to the loan. Investors have the senior priority interest in the collateral.
The Local Lending Platform provides principal and interest guarantee. In the event of a default by the borrower, the guarantor shall perform the guarantee obligation to repurchase bad debts.
The Local Lending Platform holds 10% equity junior tranche. Any cash flow from the underlying goes first into the 90% senior tranche held by the Fund.
Each Local Lending Platform is regulated by the local financial institutions and must have credible lending licenses in each country they operate, such as Indonesia and India.
The single line of credit has a small amount ($50~$300), and the capital is intelligently highly dispersed. It mitigates macroeconomic risks while improving the stability of returns.
Have strong demand for priced new consumer products such as electronic products
Lack of credit cards or other borrowing channels
Reliable Source of Repayment
Over 70% of the customers possess a bachelor's degree or higher
have good legal awareness and repayment capability
The underlying assets are the small installment loans of individuals who have stable income in Southeast Asia. The loans are used for 3C products, medical care, and education, etc.
81% of consumer installment loans are used to purchase smartphones
with the remaining to buy other electronic products.
Online information collection and offline verification by phone
Complete KYC process including on-site investigation
Profile and investigate borrower by analyzing the social networks via big data modeling
Based on their consumption behavior and income source, intelligently analyze the repayment capability
Advanced risk control technology
multi-dimensional investigation and multi-level review
Haitou has real-time access to the Local Lending Platform’s loan administration process through API, including loan performance data such as disbursement, interest payments and principal repayment
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