The farmer set up her farm a year ago as part of a "Young Farmer" project. She works together with her husband, however, they employ two workers who help them with the cattle and general work at the farm.
There is no-till farming technology used on the farm.
|Loan period||7 Months|
|Repayment type||Normal period|
|No of investors||50|
|Security measures||Sole accountability|
|Declared land, ha||33.90|
|Owned land, ha||22.00|
|Total value of pledged assets||€0|
|Investing from €100||12.5%|
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.
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.