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.

LT0001378

Goal
15,000 €
Raised
15,000 €
100%
Return rate
13%
Rating
B+
Period
17
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxxx Xxxxxxxxxė
Xxšxxx xx. 11, Xxxxxxxų xxx, Xxxxxxėx xxxxxxxxx., Xxxxšxxx xxxx.
header_1 Declared Owned
Farming land326.60 ha290.00 ha
20222021
Revenue 663,202.00 € 572,551.00 €
Net profit 161,160.00 € 104,879.00 €
Equity ratio 65.35% -
Project description
Documents
Payment schedule
This project invites you to contribute to the development of a dairy farm established in 2004 in the Rokiškis district.


The farm holds 100 dairy cows, but the overall family farm has 500 cows.

The area of cultivated land under management is 326,60 ha, of which 290 ha are owned by the farmer. The total family holding is approximately 400 ha.

The farm is managed by family members. The holding has been modernised under NPA (National Paying Agency under the Ministry of Agriculture) projects and has all the necessary equipment and machinery to cultivate the land and look after the cows.


With her first project on the platform, the farmer aims to borrow EUR 15 000 for working capital. The loan will be secured by the project owner's personal liability.

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.