Just like with other KoinP2P funding, KoinP2P Grade S still carries the risk of default.

Even though KoinWorks has strictly curated partners, this can happen due to business constraints, such as changes in macro and micro economic conditions that result in the business going bankrupt or if the business owner dies resulting in financial difficulties or no one continues his business.

However, the presence of a partner guarantee makes this product a lower risk than  KoinP2P Grade A.