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.

LT0003272

Goal
14,000 €
Raised
14,000 €
100%
Return rate
13%
Rating
A+
Period
34
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Ūxxxxxxxx (-ė) Xxxxx Xxxxxx
Xxžxxxxų x. xxx., Xxxxx xxx., Xžxžxxė, Xxxūxų x. 79
header_1
Declared
Owned
Dirbama žemė41.41 ha41.41 ha
20242023
Revenue 63,604.47 € 21,041.92 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
General information
The farm was established in 2021 in the Mažeikiai district. It currently declares 41 hectares of land, all of which are privately owned, so farming is based on a fully owned land base.

Farm activities
This is a mixed farm growing arable crops – wheat, oats and rapeseed – alongside vegetables such as potatoes, carrots, beetroot and garlic. Approximately 60% of income comes from vegetable sales and 40% from cereals, which diversifies the activity and reduces dependence on a single sector. No‑till cultivation is applied for cereals, while vegetables are grown using minimal tillage, combining soil‑conserving technologies with the practical needs of vegetable production.

Family and additional income
Outside the farming season, the farmer has been working in Norway for more than 10 years in the same company as a concrete floor polisher, providing a stable additional source of income and an extra financial buffer for the farm. This long‑term employment improves overall financial resilience against market and yield fluctuations.
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Financial situation and purpose of the loan
The farm relies on 100% owned land and diversified income from both vegetables and cereals, complemented by the farmer’s regular employment income abroad, so the working capital need is linked to financing the upcoming production cycle rather than covering past debts. The loan is required to prepare for the 2026 season, mainly for the purchase of seeds, fertilizers and pesticides, ensuring full implementation of the planned cropping structure and optimal use of yield potential.

Conclusions
The farm in the Mažeikiai district has a strong base of privately owned land, a mixed production model and soil‑conserving tillage practices. A stable additional income stream from work in Norway and a clearly defined working‑capital need for the 2026 season make this project financially sound and focused on maintaining production continuity and income potential.

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.