March Results: Clicredito Mexico Loan Originator Update

At Lonvest, we are proud to share the latest results from our strategic operations, highlighting the continued strength and resilience of our loan originator. In March, Clicredito Mexico, our leading loan originators, delivered solid performance figures that demonstrate our commitment to growth and operational excellence.

Our latest data offers valuable insights into our ongoing strategy adjustments. In March, Clicredito recorded $527K in loans, representing a slight decrease. However, this figure should be viewed within the broader context of our business operations and the strategic enhancements we have implemented.

During the first quarter, Clicredito achieved solid lending results, with a total of $1.75 million issued.

This included 9,000 new loans granted to first-time borrowers and 12,500 repeat loans, demonstrating both growth in our customer base and strong client retention. These figures reflect the continued trust in services and the increasing demand for accessible financial solutions.

Key Performance Highlights

Credit Issuance: 

Clicredito issued a total of 6533 credits in March. Of these, 2644 were granted to new clients, while 3889 came from our loyal repeat clients. This balance reflects our continued ability to attract new clients while also fostering long-term relationships with existing customers.

Strategic Rate Adjustment: 

On January 31, Clicredito Mexico increased the client interest rate from 1.5% to 1.8%. This strategic adjustment has already had a positive impact on the overall portfolio yield, ensuring that our financial products remain both competitive and profitable.

Looking Ahead:

We are extremely proud of these achievements and remain committed to continuously improving our performance. Clicredito is dedicated to achieving even more remarkable results in the coming months, and at Lonvest, every strategic change is designed to contribute to sustainable long-term performance. We continuously optimise our offerings, leverage data-driven insights, and foster strong client relationships to drive future success.

Please stay tuned for further updates as we build on these promising trends and work towards delivering even stronger results.