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.

PL0002852

Goal
45,000 €
Raised
2,522 €
5%
Return rate
From 12.6%

Rating
B+

Period
48

Time left

LTV
50%

Country
Poland

Loan purpose
Working capital

Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxx Xxxxxxxxxxxx
Xxxxxxx Xxxxxxx 19 , 17-322 Xxxxxxxxx
header_1 Declared Owned
Dirbama žemė32.50 ha21.50 ha
20242023
Revenue 61,572.17 € 49,361.47 €
Net profit - -
Equity ratio - -

Investment calculator

Pick one of the suggested or type in your own amount to see interest rate and preliminary earnings.
Interest

12.6%

Preliminary earnings

0.00 €

Important:
The calculator provided is preliminary and the projected earnings are determined based on the preliminary principal repayment schedule.

Interest rates:
Investing from 100 € - 12.6% Investing from 500 € - 13.3% Investing from 1,000 € - 13.6% Investing from 2,000 € - 14.1% Investing from 5,000 € - 14.3% Investing from 10,000 € - 14.7%
Project description
Documents
Payment schedule

The farmer has been farming continuously since 2016. He currently farms a total area of 32.5 hectares, of which he owns 21.5 hectares and the rest is rented land. The profile of the farm is focused on livestock production, in particular dairy farming and the fattening of young cattle. Currently, the farm keeps 20 milking cows and 15 heifers. The farm's sowing structure includes 12 hectares of maize (mainly for silage), 3 hectares of barley and 7.5 hectares of triticale. The remaining area is used for grassland, mainly for permanent grasses and meadow mixes, which serve as a feed base for the animals.

The following agricultural machinery is used on the farm:

  • Kuhn baler (2019)
  • Falke fodder mixing wagon (2019)
  • Joskin slurry tanker (2019)
  • Case MX150 tractor (2003)
  • Krukowiak sprayer (2019)

In the next five years, the farmer plans to develop the farm by increasing the milking cow herd by 36 head, purchasing a new Case tractor and a rake to modernise production and improve productivity. The loan money is to be used to cover the running costs of the business, such as the purchase of fuel, fertiliser and crop protection products.

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.