agriculture_loan

The farm owner has been operating in the Alytus district since 2014 and runs a mixed farm focused on cereal production and dairy cattle farming. The total cultivated land area amounts to 233.87 hectares, of which 45 hectares are owned by the farmer.

Approximately 87% of the farm’s income is generated from cereal sales, while the remaining share comes from milk and livestock sales. This diversified income structure contributes to stable and predictable cash flows.

The farm owner consistently invests in the development and modernization of the farm. In 2016, a tractor was acquired under the Lithuanian Rural Development Programme 2014–2020 measure “Support for Investments in Agricultural Holdings,” followed by the purchase of a fertilizer spreader and a sprayer in 2017.

The farm is also implementing no-till farming technologies, which help reduce operating costs, preserve soil quality, and improve long-term sustainability.

This is not the farmer’s first project on the InSoil platform. The current loan application is intended to increase working capital in order to ensure smooth ongoing operations and financial stability of the farm.

The loan will be additionally secured by a personal guarantee provided by the farmer’s mother.