agriculture_loan

The project owner, who has been farming since 2012, gained his experience at an early age, helping on his father's farm. He now runs a 130 ha crop farm in the Pasvalys district, which he is constantly expanding, bringing the total family farm to 200 ha. The farm grows wheat and oilseed rape. Since last year, the project owner has also started farming without tillage.

The farm's machinery fleet currently consists of three tractors, a combine harvester and other implements. The farm also has a mobile drying facility where harvested crops can be stored in 2 grain silos in the yard. These silos can hold 200 tonnes of produce and another 100 tonnes are stored in open storage (almost half of the harvest), allowing the farmer to sell the produce after the harvest season at a much better price.

The project owner is currently borrowing to increase his working capital, which he plans to use to buy fuel. Farmer has an active loan on the HF platform, which is being paid in timely manner.

The farmer declares 130.48 ha of land, of which 54.09 ha is owned.