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.

LT0002998

Goal
55,000 €
Raised
41,955 €
76%
Return rate
14%
Rating
B+
Period
60
Time left
LTV
39%
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxxx Xxxxxxxxė
Xxxxx x. xxx., Xxxxxxxxxx xxx., Xxxxxxxxx
header_1 Declared Owned
Farming land3.00 ha3.10 ha
20242023
Revenue 21,921.00 € 1,848.00 €
Net profit 1,364.00 € 1,564.00 €
Equity ratio - -

Investment calculator

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Interest

14%

Preliminary earnings

0.00 €

Important:
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Interest rates:
Investing from 100 € - 14%
Project description
Documents
Payment schedule
The berry farming enterprise was established in 2022 and is located in the Kaunas district, Lithuania. The farm specializes in growing berries and vegetables. The total land area under management is 3 hectares, all of which are privately owned by the farmer.

Currently, the farm is participating in a National Paying Agency (NMA) project for farm modernization. The aim is to upgrade and expand berry production capacity. Planned investments include:
  • A tractor
  • A bush shaping harvester
  • An under-canopy mower
  • An orchard sprayer
  • A berry harvesting combine
  • A van for transporting and selling berries at markets and stores
In addition, a small facility will be installed near the berry fields for berry storage, packaging, and preparation for sale. An industrial shed (hangar) will be constructed to store all machinery and equipment purchased through the investment.

This project addresses key priorities: it strengthens the farm’s viability and competitiveness, improves efficiency, and enhances overall performance. With the help of the project, the farm will significantly upgrade its material and technical base, resulting in higher income, reduced manual labor, and improved environmental sustainability. The new equipment will also eliminate the need to rent essential machinery — currently, a berry harvester can only be rented from Poland.

The farmer is applying for a loan and will pledge the specified equipment as collateral.

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.