Create an account to make your first investment in only few steps!
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.
PL0002219
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 9.00 ha | 6.00 ha |
| 2024 | 2023 | |
|---|---|---|
| Revenue | 54,512.06 € | 22,754.15 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
The farmer has operated the farm since 1997, when he took it over from his parents. The farm has 9ha of which he owns 6ha. On the farm he is engaged in crop production and breeding beef cattle. He works independently and seasonally employs workers. His sowing structure consists of 1.5ha of barley, 1.5ha of wheat, 2.5ha of triticale, 1ha of corn, 1ha of potatoes and 1.5ha of raspberries. His herd consists of 20 head of beef cattle at the moment. In the next 3 years, the farmer plans to increase the area under raspberries and expand his farm. His main goal is to double his beef cattle herd, and to this end he has a new barn planned. The loan funds will be used to purchase 15 calves for fattening and pay off farmer's other loan.
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.