With this project, we provide the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian mixed farm. The loan is intended for the purchase of a new round baler CLAAS ROLLANT 350 RC and will be secured by pledging a purchased technical unit.
The farmer, who has 16 years of agricultural experience, cultivates a 136.41 ha mixed farm in the Lazdijai district. Fifty dairy cattle are currently raised on the farm as well as wheat and oilseed rape sown in the most fertile areas.
A couple of tractors, a combine harvester, a rake, and other necessary equipment are used to keep the farm efficient. After receiving the support from the National Paying Agency (NPA), the farmer is planning to purchase a new baler. For this particular project he received a grant of 10.600 €, which will be paid after the final payment of the equipment. For the final implementation of this project, the farmer borrows 23.885 € from the HeavyFinance investor community.
The farmer's HeavyFinance loan portfolio from the previous project is 85.340 €.
Equipment seller: Baltic Agro Machinery, UAB
Area of declared land: 136,41 ha, from which 20 ha is owned by the farmer