Risk rating
2
Months
90%
LTV
Goal:
€23 400
Raised:
€0
Investing from €100 | 10.50% |
Investing from €500 | 11.30% |
Investing from €1 000 | 12.00% |
Investing from €2 000 | 12.20% |
Investing from €5 000 | 12.50% |
Declared land, ha | 1.32 |
Owned land, ha | 0.64 |
Revenue | |
---|---|
2021 | €743 010 |
2020 | €1 699 685 |
Net profit | |
2021 | €422 901 |
2020 | €344 623 |
Equity ratio | |
2021 | 43% |
Type | Subtype | Description | Value | Manufacture year | Area size | Valuation method |
Land | Land used for agricultural exploitation (0.528 ha) | €26 000 | According to independent property valuation | |||
Other | Personal surety of project owner | |||||
Total value of pledged assets | €26 000 |
The project owner is a scientist in life sciences for 25 years and she developed a plant-based health promotion during her clinical neuropsychology work for her oncological patients. She also owns a farm in Portugal which is a family legacy where she is developing a vegan nature tourism business oriented toward a more sustainable lifestyle.
In 2017 she established BeVegan, a vegan lifestyle platform and a vegan food eShop - https://www.veganbio.pt
Given her extensive experience in AgroTech and her supplier and buyer network, she decided to start producing vegan products herself. For that, she submitted a European funding project to produce vegan food, from the farm to the final processed product. This project was approved in 2022, and covers 70% of a total investment of 14,5M euros.
She engaged in a partnership with the “Monção” municipality in the north of Portugal to buy a land parcel at a discount to build the processing plant, and is setting up the farms to produce the raw products (cereals and greeneries) to use in the plant, on her family farmland.
To initiate this project and receive the first funds, the project owner is looking for 23 400 euros to set up the first plantation giving as collateral a family farmland worth 26 000 euros.
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.