agriculture_loan

About the project

The agro-entrepreneur, who has been farming since 2005, owns a 54-hectare livestock farm in Šilutė district. Currently, 53 beef cattle graze on the farm's pastures, but the farmer intends to expand the herd in the future. The farm produces its own fodder, so part of the land is dedicated to arable land.

The farmer also produces frozen beef products from the produce he grows, and hopes to expand the product line further in the future. The project owner says that he will soon start growing vegetables on the farm and incorporating them into his products. In addition, the entrepreneur plans to open a local shop to sell the products and to deliver the orders received.

The farm's machinery fleet consists of a tractor and all the necessary attachments.

This is the farmer's third project on the platform. The current loan balance is €60 000 and interest payments are made on time. With this loan, it will help increase the farm's working capital for fertilisers and fuel costs.

Declared land area: 54,44 ha, of which 14,66 ha are owned.