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Agriculture loan
+State guarantee
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.
PT0000488
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 1.00 ha | 1.00 ha |
| Revenue |
| Net profit |
| Equity ratio |
Documents
Payment schedule
About the project
Avitamega is a poultry nursery and farm that was opened in 1969, and has been run by the project owner who is a veterinarian for the past 13 years. The farm spans over 1 ha of land comprising of 5 aviaries (nursing pavilions) with 7500 poultry each.
There are 30 thousand chickens and ducks in permanent growth, and they stay in the farm for 21 or 35 days before being sold. This is a highly regulated business, and Avitamega is fully compliant and adopts the best practices. The farm established the working season from March to October, and an off season from December to February. These 3 months are used for maintenance and cleaning of the aviaries.
Given the increased demand and regional expansion, the project owner wants to take the opportunity of the current off season to improve the aviaries to be better suited for business expansion.
Annual interest
- Investing from €100 - interest 9.1%
- Investing from €500 - interest 9.8%
- Investing from €1,000 - interest 10.1%
- Investing from €2,000 - interest 10.6%
- Investing from €5,000 - interest 10.8%
- Investing from €10,000 - interest 11.2%
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.