Create an account to make your first investment in only few steps!
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.
BG0001510
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 1.24 ha | 0.00 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 25,782.51 € | 15,338.76 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1510 and get 2.00% cashback.
This project provides an opportunity to invest in the development of a newly registered mixed farm in Pazardzhik municipality, Bulgaria.
With more than 15 years of experience in the field, Verka started her farming activities in 2021. Together with her family members, she grows several vegetables ranging from tomatoes, zucchini, potatoes, and more.
The farmer forecast that tomatoes yield at 50 tonnes per 1 ha and expects to be able to sell them at 2 €/kg, which resulting in the expected revenue of 150k € from tomatoes.
The farm practices both outdoors and in greenhouses farming approaches and has been heavily investing in the farm. She has contracts with local shops to buy her harvest.
The HeavyFinance investor community has contributed to the development of her farm through two previous loans which were used for building 2 new greenhouses and improving the drip irrigation system. Currently the total active balance is 14 131 € which she has been meeting her obligations on time with zero delay days.
With the money from this loan, the farmer aims to increase her farmland. To secure the loan, she is pledging her residential building and land area as collateral.
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.