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.

LT0003099

Goal
12,000 €
Raised
12,000 €
100%
Return rate
12%
Rating
A
Period
60
Time left
LTV
72%
Country
Lietuva
Loan purpose
Investicijos gamybai didinti
Business information
Security measures
Loan history
Project owner
Address
Xxxxxxxx Xxxxxxxx
Xxxxxxxšxxx x., Xxxxxšxxų xxx., Xxxxxšxxxx, Xxxxxxxx x 21
header_1
Declared
Owned
Dirbama žemė62.06 ha36.87 ha
20242023
Revenue 85,571.00 € 116,554.00 €
Net profit 16,485.00 € 32,668.00 €
Equity ratio 21.13% -
Project description
Documents
Payment schedule
Nuo 2005 metų Vilkaviškio rajone veikiantis javų ūkis augina kviečius, rapsus ir kitas kultūras. Ūkis valdo 62,06 ha ariamos žemės, iš kurių 36,87 ha yra ūkininko nuosavybė.

Ūkis aprūpintas modernia technika – kombainu, traktoriumi, sėjamosiomis, purkštuvu, priekaba ir kita dirvos dirbimo įranga. Visa žemdirbystė vykdoma taikant neariminės žemdirbystės (no-till) technologijas, siekiant išsaugoti dirvožemio sveikatą ir tvarumą.

Ūkininkas kreipėsi į InSoil bendruomenę dėl paskolos, kuri bus panaudota saulės energijos sistemos įrengimui finansuoti. Kaip paskolos užstatą jis įkeičia jam priklausančią žemę.

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.