Fully invested

LT0000235, Loan backed with 22,85 ha of agricultural land

Raised:
17 000.00 €
Goal:
17 000.00 €
Loan number
LT0000235
Yearly return rate
10 % - 12 %
Goal
17 000.00 €
Loan period
32 Months
Risk rating
B
Extra measures
Pledge of assets, Sole accountability
Investors
23
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

A farmer, who is engaged in the agricultural sector for almost fifteen years, is running a 33.25 ha mixed farm in Kelmė district, Lithuania. Most of the arable land - 28,92 hectares - is owned by the farmer, 3 hectares of which are occupied by barley. Currently, there are over 30 cattle on the farm, from which - seven dairy cows.

For efficient farm work, the woman uses a tractor and other necessary equipment. 

Now the farmer is borrowing 17.000 € to increase working capital. The loan will be secured by a pledge of 22,85 hectares of land.

The businesswoman had previously borrowed 10.000 € from HeavyFinance to increase working capital. The loan payments are made on time.

Annual interest

  • Investing from 100 € - interest 10%
  • Investing from 500 € - interest 10,8%
  • Investing from 1.000 € - interest 11,5%
  • Investing from 2.000 € - interest 11,7%
  • Investing from 5.000 € - interest 12,0%

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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