Susikurkite paskyrą vos keliais žingsniais ir pradėkite investuoti jau dabar!
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.
LT0000516
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 14.61 ha | 3.00 ha |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
Sole accountability
About the project
The owner of the project, who has been farming for ten years, specialises in cereal production. After deciding to start the farm on a small private plot of land, the farmer has now expanded to 14,61 hectares where he grows wheat and triticale. Recently, oilseed rape has also been sown as part of the crop rotation. The project owner does most of the farm maintenance work alone, with additional workers being hired when extra hands are needed during harvesting. In the off-season, the project owner works for a large farmer.
The farmer has all the machinery needed to maintain the farm, but would now like to expand his machinery fleet even further.
This loan of EUR 8 000 will be used to purchase an excavator. The excavator will be used to transfer manure and to cultivate new land for sowing.
The farmer's declared land area is 14,61 ha, of which 3 ha are owned.
Annual interest - 11,5%
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.