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.

BG0002334

Goal
45,000 €
Raised
20,776 €
46%
Return rate
From 13.6%

Rating
B

Period
47

Time left

LTV
60%

Country
Bulgaria

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Xxxxxxxx Xxxxxxxx
Xxxxxxxxx, Xxxxxx xxxxxx
header_1 Declared Owned
Farming land52.89 ha13.70 ha
20242023
Revenue 83,024.77 € 21,193.96 €
Net profit - -
Equity ratio - -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

13.6%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.

Interest rates:
Investing from 100 € - 13.6% Investing from 500 € - 14.3% Investing from 1,000 € - 14.6% Investing from 2,000 € - 15.1% Investing from 5,000 € - 15.3% Investing from 10,000 € - 15.7%
Project description
Documents
Payment schedule

Stoyanka Todorova has been a farmer since 2006, with her farm located in the Yambol region, and it is ecologically certified. Together with her son, they cultivate 52.89 hectares of wheat, millet, and coriander. Out of this, Stoyanka owns 13.7 hectares of land.

Her son, who operates the business, recently underwent surgery to remove a tumor from his head and is now in recovery. Despite facing financial difficulties during this period, they managed to maintain the farm’s productivity. Stoyanka’s income increased fourfold in 2023 compared to 2022.


To ensure proper preparation for the upcoming farming season, Stoyanka is seeking a loan for working capital. She has previously issued two loans through HeavyFinance, with the first one fully repaid. The remaining loan balance of €29,633 is fully collateralized.

The new loan will be secured by a tractor purchased in 2023, ensuring that Stoyanka is well-equipped for the future growth of her business.

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.