This loan is secured by sole accountability from the project owner. Read more about this security measure here.
The owner of the project comes from a family of farmers that are already established in the market, producing and selling their products in their own grocery store as well as via a door to door channel.
The farmer owns 3 ha of land where he wants to continue the family business tradition by producing various berries. At the moment 1 ha of blueberries 1 ha of goji berry are being grown.
The purpose of this loan of 10 500 EUR is to increase the plantation and manually prepare the land for the new plants. In the near future the project owner plans to certify his produce as organic as well as increase the production even further.