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.

LT0003062

Goal
65,000 €
Raised
65,000 €
100%
Return rate
From 11.7%

Rating
B

Period
50

Time left

LTV
82%

Country
Lithuania

Loan purpose
Refinancing

Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxx Xxčxxx
Xxxxxxxxxxų xxx., Xxxčxūxų xxx., Žxxxxxxxx, Žxxxxxxų x.
header_1
Declared
Owned
Farming land77.53 ha20.00 ha
20242023
Revenue 105,009.00 € 101,930.00 €
Net profit 26,595.00 € -13,628.00 €
Equity ratio 65.48% -
Project description
Documents
Payment schedule

This project invites you to invest in a farm in the Varėna region.

The farm was established in 2008. The farmer manages the land organically, with 77.53 ha declared, of which 20 ha are owned. The farm grows hemp, buckwheat, oats, pumpkins, and is also engaged in forestry.

The farm’s machinery consists of several tractors and other smaller implements.


The farmer has approached InSoil with a request to refinance existing loans and resolve current financial obligations. To secure the loan, the farmer will pledge land plots he owns, totaling approximately 24 ha.

Currently, the farmer has active loans with a total balance of €15,594.22.

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.