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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.
PT0000317
| Project owner | Address |
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| header_1 | Declared | Owned |
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| Dirbama žemė | - | - |
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Documents
Payment schedule
About the project
Have you ever invested in the development of a pistachio farm? Now you can help the company to prepare for the pistachio planting season!
Safristache Unipessoal, Lda, founded five years ago by the family of farmers, now maintains 23 ha of pistachio plantation area in Portugal. The company applies some aspects of organic farming and ensures biological irrigation for the growing plants. Safristache Unipessoal, Lda has participated in the National Rural Development Program and received subsidies for the development, with a total value of 500.000 euros.
The company is aware that the pistachio planting process requires a lot of resilience and dedication, but the farmers have a strong vision to diversify the agricultural potential that the region presents, and expect that by the end of the fifth year, the harvested production will allow them to earn more profit.
The planting will take place in Mascarenhas, Mirandela, Bragança, at Quinta das Lagas in Mascarenha.
Area of declared land: 23 hectares.
Annual interest - 13,5%
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.