The RWA lending protocol Goldfinch has reached an agreement with the $5 million loan defaulter on a loan restructuring plan

ChainCatcher news, according to TechCrunch, the RWA DeFi lending protocol Goldfinch has reached an agreement with a $5 million loan defaulter on a loan restructuring plan. This plan may recover the $5 million loan from the defaulter Tugende for its motorcycle financing project in East Africa.

The terms of the agreement have not been disclosed. Tugende co-founder and CEO Michael Wilkerson declined to reveal details of the restructuring plan but promised to provide more information in the coming weeks.