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.

LT0001926

Goal
18,000 €
Raised
18,000 €
100%
Return rate
11%

Rating
B+

Period
19

Time left

LTV
59%

Country
Lithuania

Loan purpose
Refinancing

Business information
Security measures
Loan history
Project owner Address
Darius Pavydis Jaunystės tak. 6, Šakiai, Šakių r. sav.
header_1 Declared Owned
Farming land 62.23 ha 10.00 ha
20222021
Revenue 128,745.00 € 75,658.00 €
Net profit 42,399.00 € 25,921.00 €
Equity ratio 16.75% -
Total value of pledged assets

30,270.00 €

Heavy equipment Tractor 2011 30,270.00 € VŠĮ Emprekis (a monthly publication that covers the average prices of used and naturally worn-out vehicles up to thirty years old. The company provides its services in Lithuania, Latvia, Estonia and Germany, and are also trusted by banks)
Other Personal liability 0.00 € -
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
LT0001926 18,000.00 € 18,000.00 € 329.34 € Active
LT0000582 11,000.00 € 0.00 € 948.58 € Repaid
LT0001095 15,000.00 € 0.00 € 1,800.00 € Repaid
Project description
Documents
Payment schedule

We invite you to invest in a farmer who started his agricultural business in 2011. Today he is successfully farming 62.23 ha, of which 10 ha are owned.

The farm produces high quality wheat and oilseed rape.

The farm uses the necessary machinery to ensure efficient work - the machinery fleet consists of a combine harvester, 2 tractors, a seeder, a disc cultivator, a spreader and other smaller machinery.

Join us and let's work together to ensure the continued growth of this farm and the development of sustainable agriculture.

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.