agriculture_loan
agriculture_loan_description
LT0000301
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header_1 | declared | owned |
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farming_land | - | - |
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Sole accountability
This loan is secured by sole accountability from the project owner. Read more about this security measure here.
About the project
The smaller farm implements have a significant impact on the farm's productivity. During this project, a young farmer is borrowing to purchase a drill. Having gained knowledge and experience of farming from his father, the businessman himself started farming and raising dairy cattle a few seasons ago. 43 of them are currently grazing on a farm area of 89.37 hectares. The farmer grows fodder himself - 20 hectares of area are dedicated for wheat production.
Recently, a new John Deere tractor was purchased to expand the farm's technical fleet, therefore a total of 4 tractors, a combine harvester, and other implements are used on the farm.
Area of declared land: 89,37 hectares, from which 26,83 hectares are owned by the project owner
Annual interest - 13,5%
project_risks
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additional_information:
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