Risk rating
Months
36
LTV
65%
Goal
€12 276
Raised
€12 276
100%

Risk rating

36

Months

65%

LTV

Goal:

€12 276

Raised:

€12 276

100%

Annual interest

Investing from €100 12.50%

Business information

Declared land, ha 40.00
Owned land, ha 40.00
Revenue
2021 €40 209
2020 €28 284

Security measures

Type Subtype Description Value Manufacture year Area size Valuation method
Heavy equipment Tractor Tractor URSUS 902 €15 379 1994 According to independent property valuation
Heavy equipment Aggregate Agro Masz AS27 €1 873 2012 According to independent property valuation
Heavy equipment Spreader Fertilizers spreader Sulky €1 621 1995 According to independent property valuation
Other Sole accountability
Total value of pledged assets €18 873
Summary
Loan history

The farmer inherited a farm 15 years ago and now declares 40 hectares of arable land. The farmer works on the farm with his son (who will inherit this farm).

On the farm, there are grown: corn (20ha), triticale (3ha), buckwheat (4ha), wheat (5ha), rape (3ha), and cereal mixtures (3ha). The farmer uses his products mostly to make forage, buying high protein soy and rape forage. The farm has 60 cattle (limousine, simental, and mixed-race).
The business has a long-term contract with a wholesaler to purchase its products (contract finishing). The farmer has built a new cowshed, he wants to enlarge his herd to 150 cattle.

The project owner already has 2 tractors (Massey Ferguson and Ursus) and other machines needed for his business. In the future, he wants to buy straw ballers.

Currently, the project owner needs financing for working capital.


The revenue for 2020 consists of 6 600 € in subsidies.
The revenue for 2021 consists of 6 873 € in subsidies.

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.

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