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.
LT0000431
Project owner | Address |
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header_1 | Declared | Owned |
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Dirbama žemė | - | - |
Revenue |
Net profit |
Equity ratio |
About the project
The businesswoman, who began farming in 2007, now cultivates over 130 hectares of organic farmland in the Šilalė district. The farm currently breeds 186 dairy and beef cattle, 86 of which are cows. Half of the farm area is devoted to crops - this year wheat, oats, barley, and corn were sown on the most fertile plots. The project owner sells a part of the grown grain, which is not used for fodder.
The farmer has been investing in the development of her technological fleet since the beginning of her business - the entrepreneur sought support to purchase necessary equipment and, after receiving it, acquired the machinery and renovated farm structures. The farm's technical fleet consists of a combine harvester, six tractors, a feed distributor, an organic harrow, plows, and two milking robots, one of which can milk 74 cows at once. The farm employs six full-time workers.
The project owner is now looking for financing of organic fodder to ensure a balanced diet for the cattle. The loan will be secured by a pledge of biological assets - 186 cattle.
Area of declared land: 132,08 hectares, from which a half is owned by the project owner.
Annual interest
- Investing from 100 € - interest 10,2%
- Investing from 500 € - interest 10,9%
- Investing from 1.000 € - interest 11,2%
- Investing from 2.000 € - interest 11,5%
- Investing from 5.000 € - interest 11,7%
- Investing from 10.000 € - interest 11,9%
- Investing from 20.000 € - interest 12,4%
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.