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.

PL0002424

Goal
25,000 €
Raised
7,443 €
29%
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
Xxxxxx Xxxxxńxxx
Xxxxxxxx Xxxxxxx 18, 17-111 Xxćxx
header_1 Declared Owned
Dirbama žemė40.00 ha16.41 ha
20242023
Revenue 40,796.00 € 89,360.31 €
Net profit - -
Equity ratio - -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

13.5%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.

Interest rates:
Investing from 100 € - 13.5% Investing from 500 € - 14.3% Investing from 1,000 € - 15% Investing from 2,000 € - 15.2% Investing from 5,000 € - 15.5%
Project description
Documents
Payment schedule

The farmer has been running the farm since 2018, when he took 16ha over from his father. Since then, he has expanded his farm to 40ha. On the farm he grows crops and raises cattle. He works on the farm independently. His planting structure consists of 10ha of alfalfa, 7ha of grass, 9ha of wheat, 5ha of barley and 9ha of corn. His herd consists of 40 dairy cows and 20 fattening cows.

On the farm he uses machinery such as:

  • feed wagon INTERMIX 2021
  • tractor CASE 2000
  • disc mower TALEX 2018
  • baler VICON 2010

In the next 3 years, the farmer plans to expand the dairy cow herd to 60 head and rebuild the barn for a larger herd. In addition, he plans to mill 3ha of land for agricultural land. He wants to use the loan to build a barn, buy more dairy cows and a new rake.

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.