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.

LT0003369

Goal
7,000 €
Raised
7,000 €
100%
Return rate
13%
Rating
A+
Period
48
Time left
LTV
-
Country
Lithuania
Loan purpose
Equipment purchase
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxxxx Xxčxxxxx
Xxxxxxxxxxėx xxx., Xxxxxxxxxx xxx., Xxxxxx Xxxxxxxxx x. 15
header_1
Declared
Owned
Farming land7.87 ha0.80 ha
20242023
Revenue 11,772.53 € 16,673.89 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

A crop farm was established in the Marijampolė district in 2006, specializing in the cultivation of wheat, rye, and barley. The farmer currently declares 7.87 ha of agricultural land, of which 0.80 ha are owned, while the remaining area is cultivated on other lawful grounds. Although the farm operates on a relatively small scale, it is managed consistently and is based on long-standing farming experience.
The farm is fully equipped with machinery for land preparation and cultivation. The machinery fleet includes a tractor, a combine harvester, and additional agricultural equipment, allowing the farmer to carry out core crop production activities independently.
This is the fourth loan of the farmer on the InSoil platform. Of the previously granted loans, two have already been repaid in full, demonstrating a responsible approach to financial obligations. The farmer is now applying for a loan intended for upgrading existing equipment, specifically for the purchase of a germinator, in order to improve work efficiency and soil preparation quality.
Taking into account the farmer’s long-term experience, the clear purpose of the loan, and the positive history of cooperation with InSoil, this project may be considered a moderate-risk investment opportunity for the InSoil investor community.

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.