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.

PL0001936

Goal
22,500 €
Raised
22,500 €
100%
Return rate
up to 17%
Rating
C+
Period
36
Time left
LTV
50%
Country
Poland
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Mateusz Podgajny Szwarszowice 14, 27-400 Ostrowiec Świętokrzyski
header_1 Declared Owned
Farming land 40.00 ha 4.17 ha
20232022
Revenue 25,936.00 € 28,141.00 €
Net profit - -
Equity ratio - -
Total value of pledged assets

45,098.00 €

Agricultural land Agricultural land of a land and mortgage register no. KI1O/00002080/8, KI1O/00026224/4 4.00 ha 45,098.00 € 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 € Based on the average prices presented by Central Statistical Office and the Agency for Restructuring and Modernization of Agriculture
Read more about security measures here.
Loan number Project goal Outstanding principal Paid interest Status
PL0001936 22,500.00 € 22,387.50 € 307.28 € Active
Project description
Documents
Payment schedule

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The farmer took over the farm from his parents in February 2022. He received 4.17ha of land from them and has since expanded it with 36ha of leases. He is engaged in crop production and works on the farm independently. His sowing structure is 10ha of corn, 12ha of winter wheat, 9ha of rapeseed, 7ha of barley and 2ha of soybeans. 


On the farm he owns machinery such as:
  • ZETOR tractor 
  • NAUD rotary plow 
  • MASCHIO tillage and seeding set 
  • UNIA seeder 
  • DOUVEN mounted sprayer 
  • BOGBALLE fertilizer spreader 
  • AUTOSAN trailer 

The farmer plans to use the funds to purchase a used combine harvester. The farmer's main plan for the next few years is to upgrade the machinery prescribed to him by his parents to newer and more efficient machinery and to increase the farm's acreage through leases.

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.