Two new investor reports have been released to the MYC4 platform today: one report with social indicators for each investor’s loan portfolio, and another one with the investor’s key lending statistics.
The two reports are both accessible from My Account when logged in. The highlights are introduced below, but the best way to experience the reports is by checking them out on your own investor account right away. And while you’re at it, why not let us know what you think? Write a comment here on the blog, send an email to firstname.lastname@example.org or get in touch on Facebook.
The lending statistics table is placed just below your balance sheet (scroll down a bit on the front page of My Account) and offers the following new information:
- Total amount lent: This figure is the sum of your successful bids. Note that it is not the same as your outstanding principal; The total amount lent shows all your successful bids to date while the outstanding principal shows the part of your bids that have not yet been repaid (which you can find in your balance sheet).
- Re-lending ratio: This indicator shows you how many times your money has been lent out. It is the ratio between your total amount lent and your total uploads (including funds received from gift cards and inter-account transfers). For example, if you have lent out €150 over the time you have been on MYC4 and you have uploaded €100, you have a re-lending ratio of 1.5.
The lending statistics furthermore enable you to track your portfolio on the following parameters: Median loan size, Average loan size, Average interest, Average payback period and Average bid size. The table is expandable to show a breakdown for both countries and providers, same as the balance sheet.
You will find your Social Indicators Report in the left hand menu on My Account, just below your Profit & Loss. Here you will first of all see the number of people that you have influenced by lending through MYC4. More specifically you will see:
- Business owners. This counts the number of loans that you have supported, thus one business owner for each of your loans.
- Business owners’ dependants. Here you can see the number of dependants that you have supported. Dependants are usually the business owner’s partner, children or other family, and its registered as a range for each business on the MYC4 platform.
- Business employees. This shows the number of employees that you have supported, meaning the employees of the businesses you have lent to. This figure is also registered as a range on the MYC4 platform.
The total number of people influenced is split into two: “Total people influenced with full loan amount” and “Total people influenced with my share of loan amount”. The first total shows your influence regardless of the size of your bid and this figure is therefore your crowdfunding influence together with other investors. The other total isolates your bids by weighting the size of your bid relative to the total loan size in order to show your independent influence without other investors. For example, if you bid €200 on a loan the size of €1,000 which in total influences 10 people, then your influence as your share of the loan amount is 2 people.
Business and Business Owner Characteristics
The next part of the social indicators shows you key characteristics of the businesses you have lent to. More precisely, it tells you the businesses’ average net monthly income, their average number of years in operation, their legal status (registered or not), and whether they have 1 or more loans with MYC4 (essentially whether the businesses are repeat borrowers). In the business owner characteristics box, you will find the gender of the entrepreneurs you have lent to, their marital status, and age.
In the final box, you can find out how your portfolio has been spread out in terms of business industries. The percentages are calculated on primary industries only which are registered on the MYC4 platform for each business (note that the data is based on number of loans for each industry, not loan amount).