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.

BG0000293

Goal
8,160 €
Raised
8,160 €
100%
Return rate
11.5%

Rating
A

Period
36

Time left

LTV
69%

Country
Bulgaria

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
XXXXXXXXXXX XXXXXXX 66, Xxxxx Xxxxxxxxxx
Xxxxxxxx xxxxxxx
header_1 Declared Owned
Dirbama žemė--
Revenue
Net profit
Equity ratio
Project description
Documents
Payment schedule

About the project

We invite you to invest in a project of Bulgarian dairy farm development. This famous family farm has been attracting the attention of tourists and locals for more than a decade. Farm located in a beautiful mountain village where the family keeps 100 sheep and 18 cows who produce 200 liters of milk every day. Naturally fed animals get all the best from nature, so the produced cheeses are of high quality. Farmers usually sell their products for local markets, but many tourists are passing by to buy cheese too. We invite you to get a closer look at the farmer's activities and watch a short story about the area, the farm, and the farmer's dreams: https://youtu.be/jW4fqYuN58Y

With this loan, the farmer seeks to upgrade the equipment and expand the production of the farm.

Area of land declared: 36 hectares, of which 6 hectares are arable land and 30 hectares of meadows and pastures

Annual interest

  • Fixed annual interest 11.50 %

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.