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.

PT0001120

Goal
7,500 €
Raised
7,500 €
100%
Return rate
14.5%
Rating
C
Period
36
Time left
LTV
14%
Country
Portugal
Loan purpose
Investment to increase production
Business information
Security measures
Loan history
Project owner Address
XÁXXXX XX XXXXXXÇÃX XXXX XXXXXX XXXÓXXX XXXXX
Xxx Xxxxxxxx, 5200-010 Xxxxxxxx, Xxxxxxxxx,
header_1 Declared Owned
Dirbama žemė3.00 ha1.00 ha
Revenue
Net profit
Equity ratio
Project description
Documents
Payment schedule

The project owner started her animal-breeding business in 2021 on the 1-hectare farm that she got from her family, in Bragança in the North-interior of Portugal.

The businesswoman also rented another 2 Ha of land that she works, together with her close family. She has cattle to breed, sheep, and chickens, as well as fodder, corn, and greeneries to feed the animals.

She has a plan to buy more animals every year to grow the herds and meet the increasing demand of her local clients, to whom she sold 10 calfs last year at around 1000 euros each, and 50 lambs.

The project owner is asking for a 7 500 euros loan to buy 2 new reproducing cows and do improvements in the chicken coop and the barn.
Since the business is new, there isn’t still substantial financials. So, in order to secure the loan, the project owner is willing to pledge her personal house, which represents an LTV of 13.7%.

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.