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.

LT0003647

Goal
10,000 €
Raised
10,000 €
100%
Return rate
13.5%
Rating
B
Period
36
Time left
LTV
-
Country
Lithuania
Loan purpose
Land purchase
Business information
Security measures
Loan history
Project owner
Address
Xxxxxxx Xxxxxxėxxx
Xxxxxxxxx, xxxxxxxxxx, xxxxxxxx 22
header_1
Declared
Owned
Dirbama žemė9.56 ha9.56 ha
20252024
Revenue 41,878.96 € 59,702.03 €
Net profit 0.00 € 0.00 €
Equity ratio 0% -
Project description
Documents
Payment schedule
The farmer has been developing a goat farm in the Alytus district since 2016. The farm currently manages 9.56 hectares of fully owned land, which is used for grazing and maintaining the farm’s feed base. The herd consists of 51 goats.

The farm’s activities include both livestock farming and the production of finished goods. The goats’ milk is used to produce a variety of cheeses, which are sold at fairs, markets, and through other direct sales channels. This operating model enables the farmer to manage the entire production process, from animal care to the sale of the final product.

The farmer promotes the products through the “Karališki sūriai” Facebook page. The product range includes more than 70 different types and flavours of cheese, helping the farm stand out in the market and appeal to a broad range of customers.

This is the farmer’s second loan on the InSoil platform. The previous loan was successfully repaid, with all payments made on time and in accordance with the agreed repayment schedule.

The current financing is intended for the purchase of agricultural land. The additional owned land will strengthen the farm’s feed base, provide better grazing conditions, and support the farm’s further development.

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.