Susikurkite paskyrą vos keliais žingsniais ir pradėkite investuoti jau dabar!
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.
PL0001891
| Project owner | Address |
|---|---|
| header_1 | Declared | Owned |
|---|---|---|
| Farming land | 8.19 ha | 2.23 ha |
| 2022 | 2021 | |
|---|---|---|
| Revenue | 346,234.00 € | 252,867.00 € |
| Net profit | - | - |
| Equity ratio | - | - |
Documents
Payment schedule
To help a farmer collect funds faster, we offer you to earn even more. When investing, use the promo code heavy1891 and get 2.00% cashback.
The farmer has been farming since 1993, when he bought 0.33 hectares from his parents. Since then, he has expanded his farm to 8.19 hectares of which he owns 2.23 ha. The farmer operates a blueberry plantation on 7.54 ha, and the remaining farm is dedicated to strawberry plantation.
The farm is highly technologically advanced. They have drip irrigation throughout the plantation, a water tank, six Dutch houses for seasonal workers, photovoltaics, a Solid Security system with cameras, crop protection sprayers they imported from Israel. They also have an outbuilding that houses pumps, four fertilizer tanks, a tank for plant protection products, and a computer that controls watering. The entire investment cost more than 400,000 euros and took the farmer more than four years to complete.
The farmer's main goal for the next 3 years is to expand the farm with new leases and to buy back the leases he has at the moment. The farmer needs funds to refinance his loans at the cooperative bank, as well as funds to modernize his cold storage facility and buy out the leases he has on his property.
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.