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.

PL0001100

Goal
11,700 €
Raised
11,700 €
100%
Return rate
14%
Rating
B
Period
36
Time left
LTV
50%
Country
Poland
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxł Xxxxx
87-200 Xąxxxxźxx
header_1 Declared Owned
Farming land120.00 ha50.00 ha
20222021
Revenue 98,310.00 € 112,284.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

The farm is located in the village of Pływaczewo which is a small village famous for agriculture. In 2012 the farmer bought a farm of about 8 hectares, which he expanded to 50 hectares. He plans to maximize the whole land to 120 hectares. His wife helps him on a daily basis.

At first, the farmer carried out only crop production and currently, he grows wheat (30%), corn (40%), and mixtures of legumes as well as grasses (10%). Permanent grassland covers an area of about 10 hectares (20%). For the last 3 years, he has been sowing catch crops.

Since 2016 Paweł started livestock production - breeding HO (Polish Holstein-Friesian) dairy cattle. Feed for cattle is purchased. The dairy cattle herd currently numbers about 100 heads including 40 milking cows and is expanding. Ultimately, the herd is to be 160 heads including 80 milking cows.
At the moment, only newborn bulls are sold, while the heifers are intended for the expansion of the farm.

Machinery used on the farm:
  • Zetor Forterra agricultural tractor
  • Ursus 1014 agricultural tractor
  • KUHN cultivating and seeding unit
  • New Holland roller baler
  • New Holland 4-plow rotary plow
  • manure spreader 13 t
  • disc harrow with after-crop seeder:
  • Gruber tractor sprayer
  • rake
  • wrapper
  • field harrows
  • 2 farm trailers
The farmer obtains good yields while constantly keeping in mind an environmentally friendly economy and placing great emphasis on the welfare of the surrounding nature.
The earned income is invested in the continuous improvement of the farm, and an example is the purchase of new agricultural machinery. 

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.