About the project

The farmer inherited 1 hectare of land in 2008 and has gradually expanding his farm ever since. Today, the farm consists of 26ha, all of which is his property.  
He runs his farm on his own and specialises in dairy cattle breeding and cereals growing, mainly wheat and corn. At the moment, the farmer has 9 dairy cows.
Machinery used on his farm on a daily basis includes tractors, aggregates, seed drills, sprayers, and much more.

The farmer is borrowing €23 195 to increase the herd to 25 dairy cows.

Loan information PL0000670

Raised €23 195
Remaining €0
Goal €23 195
Left 0 Days
Return rate 11.5% - 13.5%
Risk rating A+
Loan period 48 Months
LTV 70%
Country Poland
Repayment type Normal period
No of investors 50
Security measures Pledge of assets, Sole accountability

Business information

Declared land, ha 26.00
Owned land, ha 26.00
2021 €46 559
2020 €39 826

Security measures

Type Description Value Valuation method
Heavy equipment FRONT LOADER Ł-106 A €2 519 According to independent property valuation
Heavy equipment AB 100 FOUR-BODY PLOW €3 341 According to independent property valuation
Heavy equipment CULTIVATION AND SOWING AGGREGATE €1 432 According to independent property valuation
Heavy equipment TRACTOR AGROFARM 410 LS €25 846 According to independent property valuation
Other Sole accountability
Total value of pledged assets €33 138

Annual interest

Investing from €100 11.5%
Investing from €500 12.3%
Investing from €1 000 13.0%
Investing from €2 000 13.2%
Investing from €5 000 13.5%

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.