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.

LT0003489

Goal
9,960 €
Raised
9,960 €
100%
Return rate
13%
Rating
B
Period
29
Time left
LTV
100%
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxx Xxxxčxxxxxxx
Xxxxxx x. 12X, Xxšxxxxxx, Xxxxxxxxxx xxx., Xxxxx x.
header_1
Declared
Owned
Farming land17.44 ha1.24 ha
20252024
Revenue 23,421.00 € 21,769.00 €
Net profit 3,394.00 € 3,078.00 €
Equity ratio 23.63% -
Project description
Documents
Payment schedule

Project Summary
The project belongs to a crop farming operation located in the Kaunas district, operating since 2019. The farm carries out crop production activities and seeks financing for working capital related to preparation for the upcoming season.

Farm Overview
The farm was established in 2019 in the Kaunas district. It currently declares 17 hectares of agricultural land, of which 1.24 hectares are owned. The farm operates on a smaller scale and continues its crop production activities consistently.

Operating Model and Sustainability
The farm specializes in crop production, primarily cultivating wheat and rapeseed. The land is managed using minimum tillage practices. This farming model supports rational soil use and continuity of operations.

Relationship with InSoil
The farm is a member of the InSoil community. It currently has one active loan with an outstanding balance of EUR 11,000. The loan was used to acquire a used tipper truck for grain transportation. Payments are being made on time.

Financing Purpose
The requested funds will be used for working capital purposes related to preparation for the upcoming season.

Conclusion
The project represents an operating crop farm with a clearly defined financing objective and an existing cooperation history with InSoil. The financing is intended to ensure smooth seasonal preparation and continuity of 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.