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.

LT0003534

Goal
10,000 €
Raised
8,194 €
81%
Return rate
12%
Rating
A+
Period
31
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner
Address
Xxxxxx Xxxxxxx Xxčxxxūxxx
Xxxxxxxxx, Xxxxxxxx xxx., Xxxxxxxxx xx. Xxxxx xxx., Xxxxxxxx 10
header_1
Declared
Owned
Farming land85.58 ha14.00 ha
20252024
Revenue 76,033.00 € 76,075.00 €
Net profit 23,184.00 € 12,599.00 €
Equity ratio 0.46% -

Investment calculator

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Interest

12%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.
Interest rates:
Investing from 100 € - 12%
Project description
Documents
Payment schedule
A crop farming operation, established in 2003, is located in Kedainiu raj., Vaiskoniu km. Setos sen. The farmer has been conducting agricultural activities in the Kaunas district since its establishment. The farm currently manages 89.58 hectares of arable land, of which 14.00 hectares are owned by the farmer.

The farm cultivates spring and winter triticale along with other cereal crops, contributing to diversified farming operations. The operation is equipped with its own combine harvester, several tractors, and other essential cultivation machinery, enabling the farmer to perform main agricultural works independently.

The current loan request to InSoil is intended for working capital, specifically for settlement with suppliers and strengthening financial liquidity before the upcoming season. This constitutes the farmer’s third loan application on the InSoil platform. The two preceding loans were fully repaid without delays, indicating a history of responsible financial conduct.

Regarding financial performance, the farm's annual turnover for the most recent period remained stable at approximately EUR 76,075, a slight increase from EUR 76,033 in the previous period. Total assets have also shown an increase, reaching approximately EUR 93,494.

In summary, the project concerns an established agricultural operation with over two decades of experience in crop farming, demonstrating operational self-sufficiency and a positive repayment record on the InSoil platform. The requested financing aims to support the farm's working capital needs for the upcoming agricultural season.

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.