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.

PL0002231

Goal
30,000 €
Raised
30,000 €
100%
Return rate
From 13.6%

Rating
B

Period
48

Time left

LTV
32%

Country
Poland

Loan purpose
Investment to increase production

Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xóźxxxxxxx
Xxxńxx Xłxxxxxxx 1, 97-403 Xxxżxxxx
header_1 Declared Owned
Farming land100.00 ha30.00 ha
20232022
Revenue 374,776.77 € 136,896.55 €
Net profit 56,916.00 € -10,666.00 €
Equity ratio - -
Project description
Documents
Payment schedule

The farmer received the farm from his parents in January 2015. Since then he's been taking care of it alongside them and his wife. He rears 2,000 fattening pigs per year, Danish breed cattle and 30 mixed breed cattle. Since the last funding, he has increased his pig farm by 200 head and leased an additional 20ha of land. He produces his own feed or buys it depending on the economic situation.

Sowing structure:

  • potato - 5ha
  • triticale - 20ha
  • barley - 20ha
  • rye - 10ha
  • maize - 45ha
  • barley - 28ha

Tractors:

  • Fendt 716 2001
  • New Holland Td5.105 2018

Ploughing and ploughless cultivation:

  • Pottinger 5-furrow rotary plough
  • Disc cultivator
  • Stubble breaker
  • Coulter seed drill
  • Slurry tanker
  • New Holland press
  • Rauch fertiliser spreader

The farmer applies sustainable practices on his farm. Fertiliser application and mixing within 12 hours, sowing of intercrops Farmer's goal is to further expand beef cattle breeding. He wants funds to purchase 50 head of beef cattle.

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.