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.

PL0001816

Goal
54,162 €
Raised
54,162 €
100%
Return rate
From 11.1%
Rating
A
Period
42
Time left
LTV
85%
Country
Poland
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
Xxxxxx Xxxxxxx Xxxxxxxx
Xęxxxx 24, 63-840 Xxxxxx
header_1 Declared Owned
Farming land8.25 ha8.25 ha
20222021
Revenue 748,048.00 € 287,514.00 €
Net profit - -
Equity ratio - -
Project description
Documents
Payment schedule

To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1816 and get 2.00% cashback.

Mrs Barbara was given the farm in 2005, with just under 10ha, raising pigs and beef cattle. Throughout this time, the entrepreneur has increased pig production to the current level of 1,500 pigs open cycle, sold every three months. The breed of pig is Najma. Feed is purchased from the company supplying the pigs. 

She's running the farm with the help of her partner. They also grow 4ha of wheat and 4,25 ha of maize.

The farmer cultivates the land, ploughing and no-till, using such machinery as:
  • PRONAR 82A tractor
  • URSUS C-360 tractor
  • plough
  • cultivating and sowing unit
  • cultivator 
  • sprayer
  • slurry tanker 10000L

Mrs Barbara is in eco schemes and so she uses methods as: manure disposal by non-splash method, field covers during winter, and leaving crop residues.

The farmer has a meat collection contract with Gobarto (one of the largest companies in Poland).

The funds will be used for photovoltaic panels (PLN 60,000 12kw/13kw), a tractor (PLN 120,000), and the rest of the funds will be used to buy cattle.

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.