Susikurkite paskyrą vos keliais žingsniais ir pradėkite investuoti jau dabar!

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.

BG0001654

Goal

11,000 €

Raised

11,000 €

Return rate

15.5%

Rating

Period

Time left

LTV

33%

Country

Bulgarija

Loan purpose

Apyvartinio kapitalo padidinimui

Business information

Security measures

Loan history

Project owner	Address
Xxxxxx Xxxxxxx Xxxxxxxxx	Xxxxxx xxxxxx, Xxxxxx Xxxxxxx

header_1	Declared	Owned
Farming land	72.00 ha	4.00 ha

	2022	2021
Revenue	60,400.00 €	65,600.00 €
Net profit	15,900.00 €	5,000.00 €
Equity ratio	50.4%	-

Project description

Documents

Payment schedule

Panayot Panayotov has been registered as a farmer since 2006. He raises 72 dairy cows and owns 72 hectares of land, of which 4 hectares are his own. He has a contract with a large dairy that purchases the milk. Mr. Panayotov has his own cattle farm and a warehouse where he stores the fodder. He possesses all the necessary equipment for soil cultivation. He has hired one permanent employee. This is the client's third credit. The first two are secured with equipment and are paid regularly. This credit is secured by subsidies guaranteed by the state. The funds are needed for paying rents and purchasing fodder for the animals. For the 2021-2022 agricultural year, he received subsidies amounting to 21,800 euros. Now, subsidies totaling 33,765 euros have been approved.
Active loans balance: Collateralized - € 41850 Uncollateralized - € 0
Active loans total: € 41850

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.