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Fully invested

LT0000101, Equipment loan for 7 agricultural machinery units with NPA support

Raised:
59 440.00 €
Goal:
59 440.00 €
Loan number
LT0000101
Yearly return rate
11.1 % - 12.8 %
Goal
59 440.00 €
Loan period
33 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
128
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

This project provides HeavyFinance investors with the opportunity to invest in the development of the Lithuanian organic farm. The financing will be used for the purchase of 7 units of agricultural equipment, which will be pledged to secure the loan.

The businesswoman has more than 16 years of experience in agriculture and now successfully manages 93.79 ha of an organic farm in the Rokiškis district. Organic feed for animals, which consists of winter and spring wheat, as well as oats, is grown there. The farm also currently has 50 dairy cattle.

Several tractors, a cultivator, a seeder, a baler, fodder transporters, and other necessary equipment are used on the farm. Most of the machinery has been acquired with European Union funding.

The entrepreneur plans to upgrade the existing units of technical equipment, therefore for this purpose the project owner received support from the National Paying Agency (NPA). The support will cover up to 50% of project costs, therefore it will be fully absorbed after the final purchase of equipment. For the full implementation of the project, the businesswoman borrows 59.440 € from the HeavyFinance investor community. The funds will be used for: 

  • Seeder Kverneland 3232 MN
  • Rake Kverneland 9471 S VARIO
  • Trailer Wielton PRS-3S/S14
  • Mounted pneumatic seeder Kverneland DL
  • Feed shredder distributor Siloking Classic-compact 10 m3
  • Tractor-trailer PTL-8G 
  • Water tank T-7

Area of declared land: 93,79 ha, of which 60% is owned by the farmer herself.

Equipment seller: Dotnuva Baltic, UAB

Annual interest

  • Investing from 100 € - interest 11,1%
  • Investing from 500 € - interest 11,8%
  • Investing from 1.000 € - interest 12,1%
  • Investing from 2.000 € - interest 12,6%
  • Investing from 5.000 € - interest 12,8%
  • Investing from 10.000 € - interest 13,2%

Detailed Information

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Documents

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Investments

No investments found.

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Pavyko

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