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.

LT0002888

Goal
10,000 €
Raised
10,000 €
100%
Return rate
13%
Rating
A
Period
31
Time left
LTV
109%
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxxx Xxxxxxčxxx
Xxxxxų x. Xxxxxų xxx.
header_1 Declared Owned
Farming land90.38 ha21.00 ha
20242023
Revenue 107,324.00 € 98,415.00 €
Net profit 43,269.00 € 65,190.00 €
Equity ratio 32.97% -
Project description
Documents
Payment schedule
In 2010, an entrepreneur established a farm in Zarasai district, where he now raises 600 sheep. He also grows oats, wheat and barley. The farmer currently manages a total area of 90.38 hectares, of which 21 hectares belong to himself.

The farm's technical fleet consists of a combine harvester, three tractors and other necessary equipment to ensure efficient management of the fields and a high quality harvest.

It is also important to mention that the farmer is a trusted and long-standing member of the InSoil community and has so far borrowed a total of €63,600 from the investor community, all of which has been repaid.

The farm is currently borrowing to increase its working capital. Join us to help further develop this promising farm while ensuring its growth and development.

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.