Soon, it will be 8 months since our official launch.
You're already earning stable interest, and we know you're also looking forward to getting your principal back. But the full investment cycle isn't complete yet for most projects.
So, while we're waiting, let's break down a real case:
💵 Rapid Finance (Consumer Loans)
This project had a 4-month lock-up period. It has now been fully repaid and is listed in the "Repaid" section on our website.
🔗 Here is the link to the final stage of this project. And if you're not sure how stages work on 8lends, read this post.
Let's go through the attached screenshots:
🔘 The first screenshot shows the exact dates for all interest and principal repayments.
🔘 The second screenshot shows how to expand the transaction details by clicking "v".
🔘 Every payment is transparent and recorded on-chain via a smart contract.
Here are the total payouts for Rapid Finance:
🔘 Total Interest Paid: 15,340.73 USDC
🔘 Total Principal Returned: 206,789.90 USDC
🔘 Total: $222,130.63
The same logic applies to all projects:
🔘 Fully Repaid Projects (like Rapid Finance) appear in the "Repaid" section.
🔘 Active Projects are in the "Funded" section, where you can track their payment schedules. They pay interest regularly, and the principal is returned at the end of the loan term.
Here's an ideal, quick start for you 🔽
Check out a similar consumer loans project from Africa:
↗️ https://go.8lends.io/3Lk72Qs
It has a lock-up of only 5 months, making it an ideal option if you want to complete the investment cycle faster.