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.

PL0001031

Goal
10,600 €
Raised
10,600 €
100%
Return rate
16.18%
Rating
B
Period
49
Time left
LTV
50%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxxxżxxxxxx
Xłxxxx 27, 08-307 Xxxxx
header_1 Declared Owned
Farming land40.00 ha25.00 ha
20212020
Revenue 47,800.00 € 94,200.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule
The farmer has been running a farm since 1990 - it was given to him by his parents. The farmer uses conventional (plough) and no-till cultivation.
The farm consists of 25 hectares in ownership and 15 hectares leased, on which the farmer grows cereals (approx. 60%), rapeseed (approx. 20%) and maize (approx. 20%). The farmer keeps Holstein-Fresian cattle (dairy cows, bulls and calves), 28 head in total. He makes 50% of the animal feed himself and buys the rest.
On the farm, he mainly works alone, although his children and wife also help him.

Machinery used on the farm:
  • Zetor tractor
  • Pronar tractor
  • MTZ tractor
  • Ursus tractor
  • agricultural trailers - 4 units
  • tillage and seeding unit
  • Pottinger rotary ploughs
  • manure spreader
  • high compactor
  • rotary mower
When it comes to harvesting and selling milk and cattle, the farmer has several contracts:
sale of grain - P.H. JACEK Jacek Kobylinski, F.U.H. Jerzy Strzała
sale of milk - Zakład Mleczarski Sokołów Sp. z o.o.
sale of cattle - Skup Zwierząt Karczewski Grzegorz

Andrzej plans to pass the farm on to his son in the future. At present, he wants to increase the number of dairy cattle and thus increase his income.

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.