Agriculture loan

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

LT0001024

Goal
11,000 €
Raised
11,000 €
100%
Return rate
14.5%
Rating
B
Period
36
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx Xxxxxxxxxxė
Xxxxxėx xxxx, Xxxxxxxxx xxxxxxxxx., Xxxxšxxų xxx.
header_1 Declared Owned
Farming land4.35 ha4.35 ha
20212020
Revenue 34,533.00 € 32,864.00 €
Net profit -3,568.00 € 476.00 €
Equity ratio 54.15% -
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code Heavy1024 and get 3.00% cashback.


This project invites you to invest in the development of a meat chicken-broiler farm established in 2017 in the Plungė district.


Currently, more than 1000 chickens are kept permanently on three farms. The chicken-broilers are sold in farmers' markets and small supermarkets. A large amount of production of the farm is also being sold to the direct buyers with no delivery services needed.
The three farms on which the chicken are kept are fully equipped for their maintenance. The farm is run entirely by family members and no additional staff is employed.

The farmer has now applied to HF for a loan to increase her working capital, which will be used to maintain the chicken farm.

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.