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.

LT0002956

Goal
15,000 €
Raised
15,000 €
100%
Return rate
10%
Rating
A+
Period
6
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx
Xxūxxšxxų x., Xxxxxxxų xxx., Xxxėxų x.
header_1 Declared Owned
Farming land51.64 ha13.00 ha
20242023
Revenue 83,023.06 € 34,474.30 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
A farmer from the Molėtai region has been independently farming since 2021 and currently declares 51.64 hectares of agricultural land, of which 13 hectares are owned property.

The farm specializes in livestock farming. The farmer raises 21 head of cattle, 14 of which are Highland breed. The farm holds an organic farming certificate, ensuring that all activities comply with ecological production standards. In the near future, the farmer plans to expand his herd by purchasing more cattle and further develop his farming operations.

At present, the farmer manages the farm alone but aims to increase both the scale and efficiency of his operations.

This loan is intended to strengthen the farmer’s working capital, ensuring smooth farm operations and preparedness for seasonal work.

By investing in this project, you are supporting the growth of a young, environmentally conscious farmer’s business and contribute to the development of the organic livestock sector in Lithuania.

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.