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Fully invested

LT0000084, Loan for a new tractor Massey Ferguson MF7719S

Raised:
95 700.00 €
Goal:
95 700.00 €
Loan number
LT0000084
Yearly return rate
10.8 % - 13.1 %
Goal
95 700.00 €
Loan period
30 Months
Risk rating
B
Investors
109
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Prisijungti
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Introduction

This project provides the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian organic farm. The collected funds will be used to purchase a new tractor Massey Ferguson MF7719S. The loan will be secured by a first-rank mortgage on the purchased equipment.

The businesswoman has already engaged in mixed farming for 15 years and now successfully manages a 147,75 ha organic farm in the Anykščiai district. 85 ha of farmland is covered by organic crops, and the rest is wooded areas and meadows, where beef cattle graze. Now there are 31 beef cattle on the farm's pastures.

With the start of the season's preparations, the farmer aims to purchase a new Massey Ferguson MF7719S tractor to maintain the farm’s efficiency. 30% of the tractor’s value will be covered by the farmer herself and the remaining 95.700 € she is planning to borrow from the HeavyFinance investor community. To finance the tractor, the farmer has already received the National Paying Agency (NPA) support, which will reimburse up to 50.000€ of the total eligible costs of the project. The project owner will receive support after submitting the equipment acquisition documents to the NPA.

The current heavy-equipment fleet of the farm consists of a combine harvester, which was also purchased with NPA support, and a trailer for transporting grain.

The development plans of the farm do not stop at the purchase of new equipment - this month the farmer plans to acquire a 7.09 ha plot of land and to increase the number of beef cattle by mid-autumn.

Interest:

  • Investing from 100 € - interest 10,8%
  • Investing from 500 € - interest 11,4%
  • Investing from 1.000 € - interest 11,7%
  • Investing from 2.000 € - interest 11,9%
  • Investing from 5.000 € - interest 12,2%
  • Investing from 10.000 € - interest 12,4%
  • Investing from 20.000 € - interest 12,7%
  • Investing from 30.000 € - interest 13,1%

Detailed Information

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Prisijungti
Registruotis

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Project owner

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Prisijungti
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Project risks

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Prisijungti
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Documents

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Prisijungti
Registruotis

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Investments

No investments found.

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Surinkta:
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Tikslas:
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Informacija
Investuoti

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

Liko investuoti:
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Surinkta:
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Tikslas:
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Informacija
Investuoti

LT0000100, Equipment loan for a new seeder

Surinkta:
41 500.00 €
Tikslas:
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Pavyko

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