agriculture_loan

agriculture_loan_description

LT0002402

goal
6,870 €
raised
6,870 €
100%
return_rate
12%

rating
A

period
35

time_left

LTV
-

country
Lithuania

loan_purpose
Working capital

business_information
security_measures
loan_history
project_owner address
xxxxxx_xxxx.xxxxxx Xxxxxxx Xxxxxxxx
Xxxxxxžxų xxx. 50, Xxxxxxx, Xxxxxxx
header_1 declared owned
farming_land5.00 ha5.00 ha
20232022
revenue 129,537.00 € 144,380.00 €
net_profit 44,690.00 € 51,315.00 €
equity_ratio 75.95% -
project_description
documents
payment_schedule

HeavyFinance provides you an opportunity to invest in a loan for the spice herb farm in western Lithuania. The farm was established in 2018 when a Lithuanian who had been working on Norwegian farms decided to start his own wholesale business. Now he grows basil, thyme and parsley and around 20 more different herbs on his farm.

The herbs are organically grown, thus providing very high quality and fragrance. The farmer uses the hydroponic method on this farm, which means growing plants in water enriched with minerals.

Most of the production is available on the shelves at "Lidl" and "Rimi" supermarkets.

The fleet of machinery consists of 3 tractors and a lorry.

This farm's second loan on a HeavyFinance platfom. This time he is asking for a loan to increase working capital.

You can find more information about the business on their website www.prieskoniujura.eu

project_risks

project_risks_paragraph_1

project_risks_paragraph_2

project_risks_paragraph_3

additional_information:

project_risks_paragraph_4