Quarterly report pursuant to Section 13 or 15(d)

Loans Received

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Loans Received
6 Months Ended
Sep. 30, 2018
Loans Receivable, Net [Abstract]  
Loans Received
Borrower   Lender  

September 30,

2018

 

March 31,

2018

(Recast)

  Interest rate   Term   Maturity date
Freedom Holding Corp.     Non-Bank     $ 3,511     $ —         3 %     3 month     12/31/2018
Freedom Finance Cyprus Limited     Non-Bank       93       99       1 %     1 year     12/11/2018
JSC Freedom Finance     Bank       —         7,044       7 %     1 year     2/5/2019
Total           $ 3,604     $ 7,143                      

 

As of March 31, 2018, the Company had received United States dollar denominated loans from JSC AsiaCredit Bank in the total amount of $7,031, under a credit line agreement with $9,000 in total available for withdrawal. During six months ended September 30, 2018, the Company fully repaid the loan from JSC AsiaCredit Bank. Non-bank loans received are unsecured. As of September 30, 2018 and March 31, 2018, accrued interest on the loans totaled $33 and $16, respectively.