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.
PL0000814
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 35.00 ha | 11.00 ha |
| 2021 | 2020 | |
|---|---|---|
| Revenue | 37,488.00 € | 31,625.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
About the project
The farmer has operated his farm since 2012, when he inherited it from his parents. He inherited 11ha of land and has expanded it over the last 10 years with a 24ha lease.
The farmer mainly produces goose eggs and sells their feathers. He currently owns 850 geese. In addition, he grows oats and barley - he currently has 15ha of land sown. He manages the farm on his own with the help of his wife and a few times a year he hires someone for occasional help.
On the farm, he uses 2 tractors, grubbers, seeders, and other machines necessary for running the farm. The farmer plans to expand his business into blueberry production and by the end of the year, he wants to build a 200-meter tunnel for blueberry cultivation in order to diversify his income.
At the moment he needs funds to buy feed for geese.
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.