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.

LT0003245

Goal
15,000 €
Raised
15,000 €
100%
Return rate
13%
Rating
B+
Period
36
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxxx Xxxšxxxxxx
Xxxxxxxšxxx x., Xxxxxxų xxx., Xxxxxxxxx, Xxšxxčxx x.
header_1
Declared
Owned
Farming land64.40 ha42.20 ha
20242023
Revenue 121,735.00 € 44,784.00 €
Net profit 10,070.00 € 9,513.00 €
Equity ratio 0.72% -
Project description
Documents
Payment schedule
Introduction to the Investment Opportunity
Insoil, through this loan project, invites investors to support a farm managed by an experienced agricultural professional. The project owner has been farming for more than two decades and currently declares 64.40 ha of land, of which 42.20 ha is owned. The farm specializes in the cultivation of wheat, oilseed rape, and triticale. 🌱🌾

Machinery and Farm Operations
The farmer states that he has all the necessary equipment for land preparation and harvesting, including tractors, sprayers, and seeders. This year, he acquired a more powerful tractor and purchased additional land, further strengthening the farm’s production capacity.

Relationship with Insoil and Credit Performance
The farmer currently has two active loans on the Insoil platform, both of which are being repaid impeccably. It is also noteworthy that four previous loans have already been fully repaid, demonstrating strong financial discipline and reliability. 

Purpose of the Loan
The farmer is now seeking a new loan from Insoil to finance the purchase of fertilizers, fuel, and seeds. These funds will help prepare for the upcoming season and ensure smooth continuity of farm operations. 

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.