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.

BG0002421

Goal
48,600 €
Raised
4,687 €
9%
Return rate
From 12.1%
Rating
B
Period
47
Time left
LTV
54%
Country
Bulgaria
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx Xxxxxxxx
Xxxxxxxx xxxxxxx, Xxxxx Xxxxxxxxxxxx, Xxxxx Xxxxxx
header_1 Declared Owned
Farming land93.31 ha10.00 ha
20232022
Revenue 48,616.56 € 42,514.96 €
Net profit 19,405.00 € 16,969.00 €
Equity ratio - -

Investment calculator

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

12.1%

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 € - 12.1% Investing from 500 € - 12.8% Investing from 1,000 € - 13.1% Investing from 2,000 € - 13.6% Investing from 5,000 € - 13.8% Investing from 10,000 € - 14.2%
Project description
Documents
Payment schedule

Lubomir Dimitrov, the owner of a mixed farm since 2019. His farm is located in Milanovo village, Svoge Municipality where he operates a farm across 93 hectares of pastures. He raises 68 beef cattle and produces his own fodder.

The farmer is seeking working capital to refinance his lease and invest in expanding his farm operations.

The loan will be secured by a tractor manufactured in 2022, providing an LTV ratio of 54%. This is Lubomir's first loan to support the growth and development of his farm.

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.