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.

PL0001907

Goal
45,574 €
Raised
45,574 €
100%
Return rate
up to 17.7%
Rating
C+
Period
36
Time left
LTV
50%
Country
Poland
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Jan Zieliński Ostrowo 26A, 88-140 Gniewkowo
header_1 Declared Owned
Dirbama žemė 36.00 ha 10.00 ha
20232022
Revenue 49,471.00 € 23,367.00 €
Net profit - -
Equity ratio - -
Bendra įkeisto turto vertė

91,148.00 €

Agricultural land Agricultural land of land and mortgage register no. BY1I/00003178/3 10.33 ha 91,148.00 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Personal liability Personal liability of the project owner 0.00 € -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
PL0001907 45,574.00 € 44,884.18 € 627.56 € Aktyvi
PL0001962 33,179.00 € 33,179.00 € 0.00 € Aktyvi
Project description
Documents
Payment schedule

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The farmer has been operating the farm since 2021, when he independently established it. He has since expanded it to 36ha of which he owns 10ha. 

On the farm he works independently and cultivates crops. He grows 13ha of wheat, 9ha of onions, 6ha of triticale, 3.5ha of chicory, 3.5ha of corn and 1ha of honey crops. 

Machinery used on the farm:
  • URSUS tractor
  • TOLMET sprayer
  • GRANO SYSTEM disc harrow 
  • AKPIL seeder
  • BIZON harvester

The farmer plans to introduce a new crop on the farm in the next three years, namely potatoes, and to build a warehouse for storing onions and potatoes. There is also a plan to sort and bag these two crops. He plans to use the funds to buy a tractor and two trailers with rear tipping.
This the first part of the bigger financing consisting of two loans in total.

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.