FundKo Investment Process and Review

Diversification is important when investing your hard-earned money.  This is to manage risks in investing. One can put his or her money in different financial products.  Thanks to the internet! I have discovered an alternative investment. And that is FundKo (

FundKo is an online peer-to-peer platform that connects borrowers and lenders.  As with any other lending institution, FundKo verifies borrowers by reviewing the documents that they have submitted.

Since we’re talking about investments, I will give my review as an investor.  Obviously, you will have to register for an account.  Once you have registered, you will need to  add funds to your FundKo wallet. You have two options: Dragonpay and Direct Deposit.  Instructions are easy to follow once you have selected your option.

As for me, I funded my FundKo wallet using Dragonpay. With Dragonpay, I made a bills payment at any 7-11 branch nationwide. My bills payment was processed in less than two days.

After funding your FundKo wallet, you can start investing in the FundKo Marketplace.  The FundKo Marketplace can be found in the Lender Dashboard. You can filter the loans you want to invest in.  The loans that I have seen in the market place have terms up to 48 months. The maximum term that I invested is on a 24 month loan.

Before investing in any loan, you can check the purpose of the loan and the documents that the borrower has submitted by clicking on the Loan id. If you want to invest on that loan, click the Invest button and enter the amount you want to invest.

Note: FundKo recommends that you invest only a maximum threshold of 10% of your money in a single borrower to manage your risks.

Once the loan is fully funded, you will receive an email notification. The next step is to sign the loan agreement. The loan agreement can be found under the Check My Loanbook tab.

Once the proceeds are released,  you will get an email notification.

The next step is to monitor the payments of the borrowers. You will see the schedule of the borrowers’ payments on Investment Details tab.

I like how FundKo’s website is designed. It is very detailed and summarizes how much your cash flow is for the current month. The Loanbook shows you a summary of the loans you funded and the status of the payments of the borrowers. The dashboard shows you your effective yield.  As of this writing, my effective yield is 14.7%.

So far, the borrowers have been paying on time on a monthly basis.

You can actually re-invest the payments you receive on a monthly basis.

Overall, I like how my money is working for me. The returns that I am getting are returns that I won’t earn by just saving in the bank.