agriculture_loan

Sole accountability

About the project

The owner of the project has been farming cereals for almost ten years. Having consistently grown cereals throughout his farming career, he now grows wheat, triticale, peas and beans on his land. Some of the crops are grown on the farm for crop rotation, and this year for the first time winter rape was sown. The project owner farms together with his father and brother.

The farmer has all the equipment needed to maintain the farm, but in the near future he would like to upgrade his truck and replace his long-serving sprayer with a new one.

This loan of EUR 15 000 is for the purpose of increasing working capital. The funds are to be used for the acquisition of a small plot of land, the payment of fuel and the purchase of fertiliser and seeds.

The area of land declared by the farmer is 69,35 ha, of which 32,16 ha are owned.

Annual interest - 12,5%