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.

PL0000637

Goal
16,925 €
Raised
16,925 €
100%
Return rate
From 12%

Rating
A+

Period
36

Time left

LTV
48%

Country
Poland

Loan purpose
Farm buildings purchase/construction

Business information
Security measures
Loan history
Project owner Address
Xxxxx Xxxxxx Xxxxxxx Xxxxxx, Xxxxxx Xxxxxxx
Xxxxxxóxxx, Xxxxxxxxx
header_1 Declared Owned
Dirbama žemė0.79 ha0.79 ha
20212020
Revenue 58,093.00 € 208,909.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

About the project

The owner of the project inherited the farm from her grandparents in 2003. The farm specialises in breeding poultry for meat. The farmer takes care of the farm with the help of her parents. Until now, they have been mainly breeding broilers but recently they started switching to roosters for export.

The farm uses automatic feeders, watering lines, automatic ventilation and electronically controlled gas heating and other implements needed to maintain the farm.

At the beginning of the year the owner of the project signed a 3-year contract with a Dutch company for a minimum of 44 000 € net per year. The deal is strictly for exporting roosters so the farmer wants to renovate her poultry house to maximise production capacity. That is the main reason she is borrowing 16 925 €. The loan will be secured by a pledge on 0,79 ha of land.

The farm owns 0,79 ha of land.

Annual interest

  • Investing from 100 € - interest 12%
  • Investing from 500 € - interest 12,8%
  • Investing from 1 000 € - interest 13,5%
  • Investing from 2 000 € - interest 13,7%
  • Investing from 5 000 € - interest 14%

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.