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agriculture_loan

agriculture_loan_description

LT0002247

goal

56,000 €

raised

56,000 €

return_rate

from 10.6%

rating

B+

period

time_left

LTV

62%

country

Lithuania

loan_purpose

Equipment purchase

business_information

security_measures

loan_history

project_owner	address
xxxxxx_xxxx.xxxxxx Xxxxxx Xxxxxšxxx	Xxxxxxxx, Xxxxxxx xxx., Xxxūxxx 4-2

header_1	declared	owned
farming_land	135.98 ha	69.38 ha

	2023	2022
revenue	121,727.00 €	123,237.00 €
net_profit	2,826.00 €	26,004.00 €
equity_ratio	59.37%	-

project_description

documents

payment_schedule

HeavyFinance offers the opportunity to invest in a loan for a mixed farm in the Rietavas district. The farmer has been developing his agricultural business for 15 years. Currently, the farmer declares 135.98 ha of cultivated land, of which 69.38 ha is owned. The farmer keeps 150 beef cattle and grows wheat, oats and barley. Part of the grain is used for cattle feed.

The farm's machinery fleet currently consists of three tractors, a combine harvester, a plough, a grain dryer and other smaller machinery.

This is the third farmer loan on the HeavyFinance platform. The farmer is now applying for a HeavyFinance community loan, which will be used to purchase new machinery.

project_risks

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additional_information:

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