Abundance is a peer-to-peer invesmtent portal that gives members the opportunity to fund projects which have a positive effect on society and the environment. You can start with as little as £5 and they offer returns of 6-9% with the possibility of earning a long-term income and using the investments as an alternative pension investment.
Investments are a risk, so with such low entry levels you can afford to spread this risk across several different projects. On the offer page they have a tool to calculate your returns so you can see how much you would earn each year on your investment. The more you invest, the greater your return, however, you should never invest more than you can afford. If £5 is all you have available, start with that and add more when you can.
The Abundance focus is not about making millions, but a collaborative effort increasing availability of renewable energy in the UK, helping schools and communities save money on their bills, while giving investors a fair return on their deposits.
Abundance offers long-term investments over 15-20 years, making them an option for those looking for future payouts for important life events like retirement or university. If you need access to your money before the term is up, you can sell your debentures at any time.
Capital and interest is paid every six months at which point you can choose to withdraw the money or reinvest it. They also offer an Abundance SIPP so you can set up a pension income.
There are no charges for investing in Abundance projects but if live outside the UK you may be charged for withdrawing money to overseas.
Anyone over 18, resident in the UK or the EU - not available to US residents.