Quarterly report pursuant to Section 13 or 15(d)

Loans Received

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Loans Received
9 Months Ended
Dec. 31, 2019
Loans Received  
Loans Received

Loans received as of December 31, 2019, consisted of the following:

 

Borrower

Lender

  December 31, 2019     March 31, 2019     Interest rate  

Term

Maturity date

Freedom Holding Corp. Non-Bank   $ -     $ 3,917       3 % 1-2 years April, 2019 - December, 2019
Freedom Finance Cyprus Limited Non-Bank     -       91       1 % 2 years November, 2019
Total     $ -     $ 4,008              

 

Non-bank loans received are unsecured. As of December 31, 2019 and March 31, 2019, accrued interest on the loans totaled $0 and $52, respectively.