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.

LT0002035

Goal
21,700 €
Raised
5,647 €
26%
Return rate
11%
Rating
B
Period
18
Time left
LTV
90%
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Romas Vaivada Tylioji g. 2, Grabupių km., Šilutės sen., Šilutės r. sav.
header_1 Declared Owned
Dirbama žemė 268.35 ha 52.14 ha
20232022
Revenue 111,356.00 € 310,853.00 €
Net profit 20,812.00 € 137,939.00 €
Equity ratio 29.64% -
Bendra įkeisto turto vertė

24,210.00 €

Land Agricultural land 6.60 ha 14,900.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Land Agricultural land 3.00 ha 9,310.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Other Personal liability - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
LT0002035 21,700.00 € 21,700.00 € 0.00 € Renkama
LT0001424 15,000.00 € 0.00 € 937.46 € Grąžinta
LT0001710 26,700.00 € 26,700.00 € 1,173.40 € Aktyvi

Loan calculator

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

11%

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%
Project description
Documents
Payment schedule
Presenting an investment opportunity in a promising farm located in the Šilutė district.

The farmer, who has been farming since 2014, is currently successfully operating 268 ha of land, of which 52 ha are owned. The farmer is constantly looking to expand the farm territory and increase the area of cultivated land. The farm grows wheat, maize, rape, buckwheat, peas and oats.

He sells most of his produce to Scandagra UAB. During the harvesting season, he hires a few extra workers to help with the farm work. The farm's machinery fleet consists of two reliable tractors, a powerful combine harvester and other necessary equipment to ensure efficient management of the fields and the 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.