DISCLAIMER
Kuendruel is an Intermediary under the provisions of the Information Technology Act of Bhutan and facilitates virtual connection
between lenders and borrowers through electronic platforms of website and/or mobile app. The lending transaction is purely between
lenders and borrowers at their own discretion and Kuendruel does not assure loan fulfillment and/or investment returns. Also, the
information provided on the platform are verified or checked on the best efforts basis without guarantying any accuracy in the
data/information verification. Any investment decision taken by the lender on the basis of this information is at discretion of the
lender and Kuendruel does not guarantee that the loan amount will be recovered back from the borrower fully or partially. The risk is
entirely on the lender. Kuendruel will not be responsible for the full or partial loss of the principal and/or interest of lenders’
investment.
Kuendruel.bt is not yet registered as an online peer to peer lending platform or any financial service providing entity with Royal
Monetary Authority of Bhutan, the governing body of financial service providers in Bhutan. The platform currently works as per the
guidance of private lending rules and regulations, 2016. Any future updates on regulations on Kuendruel.bt as a peer to peer lending
platform shall be notified.