Create an account to make your first investment in only few steps!
Agriculture loan
+State guarantee
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.
LT0000132
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Dirbama žemė | - | - |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
Individual guarantee
The farmer has got granted an individual guarantee of 80% provided by a governmental development institution Agricultural Credit Guarantee Fund. Please read more about individual guarantees and benefits this scheme provides for investors in our news section.
About the project
With this project, we invite you to invest in the modernization of a livestock farm. The funds are collected for the purchase of a used tractor and will be secured by pledging the purchased equipment.
Since 2017, the businessman has been developing a 94.49 ha livestock farm in Klaipėda district, where 71 beef cattle are grown. The majority of the cattle are of the Aberdeen-Angus breed. The farm also grows fodder for the cattle on the farmland. Besides, the farmer provides other farmers with services such as feed production and distribution, manure, and slurry transportation.
The businessman's goal is to modernize the farm, therefore he is borrowing 27.225 € to purchase a used tractor.
In 2021, the farmer also plans to expand the land to 100 ha and purchase more cattle.
Area of declared land: 94,49 ha, from which 3,30 ha is owned by the farmer
Annual interest
- Investing from 100 € - interest 8,5%
- Investing from 500 € - interest 9,3%
- Investing from 1.000 € - interest 10%
- Investing from 2.000 € - interest 10,2%
- Investing from 5.000 € - interest 10,5%
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.