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.

LT0002020

Goal
37,000 €
Raised
13,576 €
36%
Return rate
up to 13.7%

Rating
B+

Period
42

Time left

LTV
76%

Country
Lithuania

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Juzef Žukovskij Sodų g. 2, Didžiųjų Zubiškių k., Kalesninkų sen., Šalčininkų r. sav.
header_1 Declared Owned
Farming land 90.89 ha 60.00 ha
20232022
Revenue 35,584.00 € 28,619.00 €
Net profit 23,157.00 € 20,218.00 €
Equity ratio 67.3% -
Total value of pledged assets

48,950.00 €

Land Agricultural land 7.45 ha 15,400.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Commercial land 0.86 ha 11,800.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Agricultural land 3.10 ha 7,100.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Commercial land 0.23 ha 3,010.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Commercial land 0.15 ha 2,640.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Commercial land 0.15 ha 2,630.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Commercial land 0.10 ha 1,880.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Commercial land 0.10 ha 1,880.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Agricultural land 0.65 ha 1,570.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Agricultural land 2.00 ha 1,040.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Other Personal liability - -
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
LT0002020 37,000.00 € 37,000.00 € 0.00 € Raising

Loan calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

11.6%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary, and the projected earnings are determined based on the preliminary principal repayment schedule.

Interest rates:
Investing from 100 € - 11.6% Investing from 500 € - 12.3% Investing from 1,000 € - 12.6% Investing from 2,000 € - 13.1% Investing from 5,000 € - 13.3% Investing from 10,000 € - 13.7%
Project description
Documents
Payment schedule

We invite you to invest in a farmer who is committed not only to high quality production but also to sustainable agriculture.

The farmer, who has been farming since 2003, is currently successfully working on 90 hectares of land, of which 60 hectares are his own. The farm grows wheat, buckwheat, oats and peas.

The farmer uses the method of no-till farming on his farm and plans to expand his farm in the future by increasing the size of the farmland.

The farm's machinery fleet consists of: 2 modern tractors, an excavator, a high-performance combine harvester and other necessary equipment to ensure efficient field management and quality of the harvest.

The farm is currently borrowing to increase its working capital. Join us to help further develop this promising farm while ensuring its growth and development.


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.