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Fully invested

PT0000505, Loan for the upcoming season preparations of a vineyard

Raised:
11 200.00 €
Goal:
11 200.00 €
Loan number
PT0000505
Yearly return rate
13 %
Goal
11 200.00 €
Loan period
48 Months
Risk rating
B+
Extra measures
Sole accountability
Investors
44
Location
Portugal
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

Sole accountability

This loan is secured by sole accountability from the project owner. Read more about this security measure here.

About the project

The owner of the project works 20 ha of land that has been in his family since the 19th century. The company is a producer of wine grapes, which span over a 9 ha area and yields around 80 tons of grapes every year.

Besides grapes, they also grow potatoes, onions, oranges, tangerines, lemons, pears, passion fruit and legumes. They also expect to produce around 15 tons of firewood in 2022. 

The processes used in the farm are typical for the wine region, but in 2020 the company did a major investment in a new watering system that, together with this year's improvements, will allow to increase the yearly grape production to over 100 tons in 2022. In order to suitably prepare for the 2022 vineyard season, the project owner is asking for 11 200 EUR from the HeavyFinance investor community.

Annual interest - 13%

Detailed Information

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Documents

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