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agriculture_loan
agriculture_loan_description
LT0000535
| project_owner | address |
|---|---|
| header_1 | declared | owned |
|---|---|---|
| Farming land | 68.00 ha | 1.00 ha |
| revenue |
| net_profit |
| equity_ratio |
documents
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About the project
The owner of the project, who has been developing his agricultural business since 2014, currently grows wheat, rapeseed and buckwheat on 68 hectares of rented land in the Rokiškis district. The young farmer acquired his farming knowledge and skills from his parents, who also cultivate a 70-hectare crop farm nearby.
The project owner uses his own tractor, combine harvester, sowing machine, cultivator, plough and other farm maintenance tools. This is the farmer's second project on the platform - he recently borrowed €11 200 to buy fertiliser.
He is now borrowing €53 500 to buy two plots of land. The loan will be secured by a pledge on land plots.
Declared land area: 68 ha, of which 1 ha is owned.
Annual interest
- Investing from €100 - interest 10.1%
- Investing from € 500 - interest 10.8%
- Investing from €1,000 - interest 11.1%
- Investing from €2,000 - interest 11.6%
- Investing from €5,000 - interest 11.8%
- Investing from €10,000 - interest 12.2%
project_risks
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additional_information:
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