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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.
BG0000166
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
With this project, we invite you to invest in a grain farm located in North-West Bulgaria. The loan is intended for the purchase of a used tractor, which will be pledged to secure your investments.
The farmer has been engaged in agriculture since 2012. The businessman cultivates land over 60 hectares sown mainly with wheat, corn, sunflowers, lucerne, and meadows. The farmer owns several greenhouses for vegetable production.
For the development of the farm, the project owner is borrowing 15.891 €, which will be used to acquire a used tractor CASE MX 255. The farmer will use the purchased equipment not only for his individual needs but also to provide additional services to other farmers in the region.
Area of declared land: ~60 hectares
Fixed annual interest rate - 13%
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.