agriculture_loan

agriculture_loan_description

LT0000367

goal
48,000 €
raised
48,000 €
100%
return_rate
from 10.6%
rating
B
period
37
time_left
LTV
69%
country
Lithuania
loan_purpose
Working capital
business_information
security_measures
loan_history
project_owner
address
xxxxxx_xxxx.xxxxxxxxxx_xxxxxxxxxx Xxxxxx Xxxxxxxxxxxx
Xxxxx xxxxxxx, Xxxxxxx xxxxxxxx, Xxxxxxxxx
header_1
declared
owned
farming_land--
revenue
net_profit
equity_ratio
project_description
documents
payment_schedule

About the project

Since 2008, the farmer has expanded the territory of his farm to more than 160 hectares of land. Wheat, triticale, rapeseed, and peas are cultivated here. The farmer is trying to increase a variety of crops, so he has recently started sowing buckwheat.

The farm's technical equipment consists of three tractors, a combine, a seed drill, a sprayer, and other implements.

In the future, the project owner plans to expand the existing fleet by purchasing another combine, but now he desires to increase working capital to purchase seeds and fertilizers. The loan will be secured by a pledge of a tractor and a flat.

Area of declared land: 161,32 hectares, from which 11,24 hectares are owned by the project owner

Annual interest

  • Investing from 100 € - interest 10,6%
  • Investing from 500 € - interest 11,3%
  • Investing from 1.000 € - interest 11,6%
  • Investing from 2.000 € - interest 12,1%
  • Investing from 5.000 € - interest 12,3%
  • Investing from 10.000 € - interest 12,7%

project_risks

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project_risks_paragraph_2

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additional_information:

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