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.

LT0001318

Goal
15,000 €
Raised
15,000 €
100%
Return rate
14.5%
Rating
B+
Period
32
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxš Xxxxšxxxč
Xxxxėxų xx. 48, Xxxxėxxx , Xxxxxxxx xxxx.
header_1 Declared Owned
Farming land44.31 ha11.50 ha
20212020
Revenue 21,990.44 € 51,828.59 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The cattle farm in Vilnius District was established in 2003. 



Currently, the farm breeds 11 cattle, including suckler cows and beef cattle. The farmer uses a tractor and other smaller agricultural implements to carry out basic farm work.

The area of land owned by the farmer is 11 ha out of 44 ha.



With his first project on the platform, the man aims to borrow EUR 15 000. The money raised will be used to build a livestock barn.

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.