Agriculture loan

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

LT0000723

Goal
15,000 €
Raised
15,000 €
100%
Return rate
12.5%

Rating
A

Period
7

Time left

LTV
-

Country
Lietuva

Loan purpose
Apyvartinio kapitalo padidinimui

Business information
Security measures
Loan history
Project owner Address
Vaida Sasnauskienė Šeiriškio k., Pastrėvio sen., Elektrėnų sav.
header_1 Declared Owned
Farming land 33.90 ha 22.00 ha
20212020
Revenue 53,569.00 € 7,685.62 €
Net profit 4,994.00 € -
Equity ratio 67.32% -
Total value of pledged assets

0.00 €

Kita - -
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
LT0000723 15,000.00 € 0.00 € 1,093.58 € Repaid
Project description
Documents
Payment schedule

Apie projektą

Ūkininkė savo ūkį įkūrė prieš metus, dalyvaudama projekte "Jaunasis ūkininkas". Ji dirba kartu su vyru, tačiau jie samdo du darbininkus, kurie padeda jiems prižiūrėti gyvulius ir dirbti bendrus ūkio darbus.
Ūkyje taikoma beariminė žemdirbystės technologija. 

Šį sezoną ūkininkė pasėjo 15 ha rapsų, 20 ha kviečių, 5 ha avižų ir apie 10 ha pievų. Ūkininkė taip pat laiko 20 angusų veislės galvijų. 

Kitais metais ūkininkė planuoja padidinti valdomą ūkį iki 100 ha. O bendrą šeimos ūkį planuoja padidinti iki 450 ha.

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.