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.

BG0000967

Goal
8,000 €
Raised
8,000 €
100%
Return rate
15.5%

Rating
B+

Period
34

Time left

LTV
-

Country
Bulgaria

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Krasimir Maznev Kyustendil region, Kyustendil town
header_1 Declared Owned
Dirbama žemė 11.00 ha 5.00 ha
20212020
Revenue 32,400.00 € 30,300.00 €
Net profit - -
Equity ratio - -
Bendra įkeisto turto vertė

0.00 €

Other - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
BG0000967 8,000.00 € 6,698.45 € 847.64 € Aktyvi
BG0000992 5,000.00 € 3,647.50 € 645.65 € Aktyvi
BG0001034 3,000.00 € 2,162.42 € 309.93 € Aktyvi
Project description
Documents
Payment schedule

Krasimir Maznev started farming in 2009. Currently on the farm he grows 8 ha of cherries, 3 ha of plums and 0.3 ha of apples.

It is a family business with 5 hectares of owned land and the rest rented. 

With this project, the farmer aims to borrow money to purchase a fruit picking machine. Businessman expects to reduce the cost of seasonal workers and increase profits, after purchasing the machine. All production is sold on the Bulgarian market.

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.