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Fully invested

BG0000115, loan backed by four agricultural implements

Raised:
15 339.00 €
Goal:
15 339.00 €
Loan number
BG0000115
Yearly return rate
13 %
Goal
15 339.00 €
Loan period
29 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
22
Location
Bulgaria
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

This project is intended to the increasing working capital of a potato farm in the Burgas region, Bulgaria. The farmer will need extra capital to finish preparing for a new season. 

He has been in potato production since 2000 and currently declares 15 hectares of arable land. Over the past several years, he has been investing in increasing the efficiency of the farm. Consequently, he owns a tractor, plough, cultivator, potato planter, thresher, defoliator, sprayer, fertilizer, sorting machine and other needed pieces of equipment. 

According to the farmer, last year he produced 500 tons of potatoes. He has been selling it to known chains of grocery stores like Metro, Lidl and Kaufland, also, to many contractors supplying food for resorts located by the Black Sea.   

Annual interest

  • Investing from 100 € - interest 13%

Detailed Information

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Project owner

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Project risks

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Documents

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Investments

No investments found.

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Pavyko

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