Summary

About the project

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. 

This season the farmer sowed 15 hectares of oilseed rape, 20 hectares of wheat, 5 hectares of oats, and about 10 hectares of grassland. The farmer also has 20 Angus cattle. 

Next year, she plans to increase the land to 100 ha. And together with her husband to increase farm land to 450 ha. 

Loan information LT0000723

Raised €15 000
Remaining €0
Goal €15 000
Left 0 Days
Return rate 12.5%
Risk rating A
Loan period 7 Months
LTV -
Country Lithuania
Repayment type Normal period
No of investors 50
Security measures Sole accountability

Business information

Declared land, ha 33.90
Owned land, ha 22.00
Revenue
2021 €53 569
2020 €7 685
Net profit
2021 €4 994
Equity ratio
2021 67%

Security measures

Type Description Value Valuation method
Other Sole accountability
Total value of pledged assets €0

Annual interest

Investing from €100 12.5%

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.

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