Fully invested

LT0000136, Equipment loan backed by 30 ha of agricultural land

Raised:
58 000.00 €
Goal:
58 000.00 €
Loan number
LT0000136
Yearly return rate
10.1 % - 12.2 %
Goal
58 000.00 €
Loan period
30 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
87
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

With this project, HeavyFinance invites you to invest in the development of a Lithuanian mixed farm. The loan is intended for the purchase of a combine harvester and will be secured by pledging ~30 ha of land in the Mažeikiai district.

Since 2004, the farmer has been cultivating a 103,36 ha mixed farm in the Mažeikiai district. 31 dairy cows are grown on the farm, as well as crops - wheat, barley, and oats. The businessman's activity is not limited only by milk production - together with his family, he produces cheese and successfully sells it in the local area.

Currently, 4 tractors are used on the farm. To increase farm efficiency, the project owner is borrowing 58.000 € to purchase a combine harvester.

The farmer also plans to rent more plots of land in the near future.

Area of declared land: 103,36 ha, of which 60 ha is owned by the farmer

Annual interest

  • Investing from 100 € - interest 10,1%
  • Investing from 500 € - interest 10,8%
  • Investing from 1.000 € - interest 11,1%
  • Investing from 2.000 € - interest 11,6%
  • Investing from 5.000 € - interest 11,8%
  • Investing from 10.000 € - interest 12,2%

Detailed Information

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Project owner

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Project risks

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Documents

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Success

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