agriculture_loan

agriculture_loan_description

LT0000301

goal
10,000 €
raised
10,000 €
100%
return_rate
13.5%
rating
B
period
15
time_left
LTV
-
country
Lithuania
loan_purpose
Working capital
business_information
security_measures
loan_history
project_owner address
Xxxxxxxxx Xxxxxxx
Xxxxxxų x. 24, Xxxxxxxxų x., Xxxxxxxx xxx., Šxxxxėx x. xxx.
header_1 declared owned
farming_land--
revenue
net_profit
equity_ratio
project_description
documents
payment_schedule

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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