Fully invested

LT0000430, Loan for the purchase of saunas and hot tubs

Raised:
14 800.00 €
Goal:
14 800.00 €
Loan number
LT0000430
Yearly return rate
12.5 %
Goal
14 800.00 €
Loan period
24 Months
Risk rating
B
Extra measures
Pledge of assets, Sole accountability
Investors
58
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

The farmer, who has been farming since 2018, is currently cultivating strawberries on his farm in the Taurag district. On an area of 3.66 hectares, four species of strawberries and blueberries are grown.

In addition to farming, the project owner plans to start rural tourism business. "We do not have a wide variety of entertainment in our region, therefore, I see potential in rural tourism - I plan to begin by renting saunas and hot tubs. I own 1.4 hectares of land available for such purposes. Later in the spring, I am planning to provide additional mealsfood services to ensure that visitors have nothing to worry about." The farmer begins the project by purchasing three saunas with built-in ovens and three hot tubs.

Previously, the farmer borrowed 10.000 €, and the loan payments are paid on time.

Area of declared land: owned 3,66 hectares.

Annual interest - 12,5%

Detailed Information

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Project owner

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Project risks

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Documents

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Success

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