Create an account to make your first investment in only few steps!
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.
LT0002123
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 119.49 ha | 30.00 ha |
| 2023 | 2022 | |
|---|---|---|
| Revenue | 39,696.00 € | 91,952.00 € |
| Net profit | 3,112.00 € | 56,082.00 € |
| Equity ratio | 40.94% | - |
Documents
Payment schedule
This project invites you to invest in an organic crop farm that was established on 2011-04. Total area of farmland is 119.49 hectares (farmer owns 30.00 ha) which is located in Trakai district. The farmer grows oats, buckwheat and rye. She farms together with her husband and the total area of their cultivated land has grown to 150 ha.
To maintain the productivity of the farm, she uses a combine harvester, two tractors, plows, two trailers, a cultivator and other necessary equipment.
Now, to expand her farm, she plans to borrow EUR 10,000, which she plans to use for the purchase of implements, small plots of land, and with the remaining part of the loan she wants to cover 2 active loans on HeavyFinance platform. 2 plots of land will be pledged as collateral + the personal guarantee of the farmer's husband.
This is the fifth Farmer's project on the platform. The active balance of the loan amounts is equal to EUR 31,165.24 (after refinancing - EUR 10,082.9). One loan was fully settled and payments were made on time.
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.