Fully invested

LT0000228, Equipment loan for a combine harvester Claas Lexion 540

Raised:
43 500.00 €
Goal:
43 500.00 €
Loan number
LT0000228
Yearly return rate
10.6 % - 12.7 %
Goal
43 500.00 €
Loan period
27 Months
Risk rating
B
Extra measures
Pledge of assets, Sole accountability
Investors
49
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

The farmer, who has been working in the agriculture sector since 2014, currently owns 25.81 hectares of a grain farm in the Prienai district. Wheat, triticale, beans, and peas are grown here. The project owner's father also has a farm nearby - together they supervise two farms with a total area of 270 hectares. The available technical fleet is used on two farms - it consists of a combine harvester, a sprayer, three tractors, and other necessary equipment.

With this project, the farmer aims to make a final payment for a combine harvester Claas Lexion 540. The businessman is planning to acquire another combine harvester in the future - with additional equipment it will be possible to harvest twice as fast and provide grain harvesting services to other farmers while earning additional income.

Equipment seller: Klovima, UAB

Area of declared land: 25,81 hectares, from which 7 hectares are owned by the project owner

Annual interest

  • Investing from 100 € - interest 10,6%
  • Investing from 500 € - interest 11,3%
  • Investing from 1.000 € - interest 11,6%
  • Investing from 2.000 € - interest 12,10%
  • Investing from 5.000 € - interest 12,3%
  • Investing from 10.000 € - interest 12,7%

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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