Risk rating
Months
40
LTV
84%
Goal
€140 000
Raised
€0
0%

Risk rating

40

Months

84%

LTV

Goal:

€140 000

Raised:

€0

0%

Annual interest

Investing from €100 11.40%
Investing from €500 12.00%
Investing from €1 000 12.30%
Investing from €2 000 12.40%
Investing from €5 000 12.50%
Investing from €10 000 12.60%
Investing from €20 000 12.80%
Investing from €30 000 13.10%
Investing from €40 000 13.80%

Business information

Declared land, ha 188.87
Owned land, ha 41.69
Revenue
2021 €220 749
2020 €145 025
Net profit
2021 €97 271
2020 €70 311
Equity ratio
2021 58%

Security measures

Type Subtype Description Value Manufacture year Area size Valuation method
Land land plot 4,6676 ha (4400-1113-8271) €15 400 According to independent property valuation
Land land plot 10,8651 ha (4400-2147-5245) €31 000 According to independent property valuation
Land land plot 2,4448 ha (4400-2184-6846) €8 600 According to independent property valuation
Land land plot 3,7348 ha (4400-2199-6556) €11 800 According to independent property valuation
Land land plot 3,0565 ha (4400-2199-6596) €9 400 According to independent property valuation
Land land plot 1,4619 ha (4400-4488-2235) €5 100 According to independent property valuation
Land land plot 3,1196 ha (4400-4866-1843) €9 900 According to independent property valuation
Land land plot 2,8107 ha (4400-4866-1843) €9 400 According to independent property valuation
Land land plot 13,5300 ha (6201-0002-0054) €56 100 According to independent property valuation
Land land plot 2,7610 ha (6201-0006-0066) €9 500 According to independent property valuation
Other Sole accountability
Total value of pledged assets €166 200
Summary
Loan history

The farm in Moletai district was established in 2001, where winter wheat, winter oilseed rape, beans and hemp are grown.

In the coming years, the farmer plans to split the farm into two parts, cereals and vegetables, and to sow more beans and peas. On this basis, he has applied to the NMA for support for a vegetable farm.

With this project, he will be able to purchase a mobile dryer, a sprayer, a cultivator and a plough. The farm machinery fleet consists of three tractors and cultivation implements such as a sprayer, a fertiliser spreader, a cultivator, a drill, a disc cultivator, etc.

This is the first farmer's project on the platform. The entrepreneur's purpose is to use the investment for buying efficient and modern equipment. The loan is secured by a mortgage on 48 ha of land.

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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