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.

PL0002129

Goal
29,979 €
Raised
29,979 €
100%
Return rate
From 13.5%
Rating
B
Period
48
Time left
LTV
50%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxxxxx Xxóxxx
Xąxxóxxx 15, 06-225 Xąxxóxxx
header_1 Declared Owned
Dirbama žemė32.00 ha10.00 ha
20242023
Revenue 71,629.25 € 68,967.65 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been farming since 2002, when he took over 7ha from his parents. Since then he has managed to expand the farm to 46ha of which he owns 12ha. He runs the farm independently and is involved in dairy and crop production. His herd at this point consists of 22 dairy cows, 10 heifers younger than two years old, 6 heifers between one and one and a half years old. His planting structure consists of 6ha of potatoes, 8ha of corn, 18ha of rye, 2ha of oats and he has 10ha of grassland. On the farm he uses machinery such as:
FARMTRAC tractor 2014
FARMTRAC tractor 2010
METALFACH trailer 2015
METALFACH trailer 2014
PRONAR 7-ton bale trailer 2015
KRONE baler 2023
The farmer's main goal over the next 3 years is to increase his dairy cow herd. By 2027, it is expected to consist of 40 dairy cows. As he increases his herd, the farmer's income is steadily increasing, which can be seen, for example, in the fact that his income in 2024 is already higher than in the entire year of 2023.
The loan funds are to be used to purchase 15 heifers up to 2 years old. 

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.