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.
PL0000740
| Project owner | Address |
|---|---|
| Monika Kotala | Mierzyce 97, 98-324 Wierzchlas |
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 11.00 ha | 4.20 ha |
| 2021 | 2020 | |
|---|---|---|
| Revenue | 8,012.00 € | 2,263.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
About the project
The project owner started her farm 5 years ago and now declares 11 hectares of arable land. Her husband inherited 5ha of farm 20 years ago.
The farmer works on the farm with her husband and children. During the season they have 3-5 workers.
The farmer grows wheat (4ha), potatoes (0.5ha), grain mix (2ha), triticale (2ha), and forage meadows (30a). Mainly crops are dedicated to the cattle, the farmer made forage by herself. The cattle are used for meat production mainly. There are 6 cattle, 2 calves (only meat breed simental), next 2 calves are in order.
The farmer sells her products to local recipients.
The farmer already has 1 tractor and other professional machines needed for farm production.
Currently, the project owners seek to purchase more cattle, until the end of 2022 farmer wants to have 12 head of cattle and build a shed.
The loan from HeavyFinance will be used to buy more land.
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.