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.

PL0001943

Goal
41,500 €
Raised
41,500 €
100%
Return rate
up to 14.7%
Rating
B
Period
36
Time left
LTV
60%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Andrzej Wierzbowski Czaplice 18, 18-402 Łomża
header_1 Declared Owned
Dirbama žemė 18.77 ha 18.77 ha
20232022
Revenue 246,597.00 € 255,403.00 €
Net profit - -
Equity ratio - -
Bendra įkeisto turto vertė

69,240.00 €

Tractor CASE IH tractor 2012 46,600.00 € According to independent property valuation
Baler McHale F5500 baler 2012 22,640.00 € According to independent property valuation
Personal liability Personal liability of the project owner - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
PL0001943 41,500.00 € 41,500.00 € 0.00 € Aktyvi
Project description
Documents
Payment schedule

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Andrzej has been running his farm since 1995. He got part of it from his parents. He cultivates 50% corn and 50% for straw.

His main business is milk production. All cereals and straws are used only for his milk cows. He feeds his cows using his own products. This is a way to reduce the costs of providing farm.
The second stream of income is selling meat cows. He has 80 cows in general. Andrzej works with his wife on the farm. The farm has such machines as tillage units, no-plough ploughs, tankers, and feed wagons. Andrzej uses mainly the no-till type of farming.
In future, he plans to buy additional cows and buy new land. 
Andrzej has contracts with a regional milk factory as well as the Piątnica milk factory.

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.