Fully invested

LT0000105, Loan for a purchase of 7,183 ha land

Raised:
26 000.00 €
Goal:
26 000.00 €
Loan number
LT0000105
Yearly return rate
10.5 % - 12.5 %
Goal
26 000.00 €
Loan period
31 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
55
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About project

This project provides the HeavyFinance investor community with an opportunity to invest in the development of a Lithuanian mixed farm. The received financing will be used for the acquisition of two land plots. The loan will be secured by a first-rank mortgage on 7,183 hectares of land.

The farmer has been engaged in mixed farming since 1991. Started with 20 hectares of arable land, now her business has grown to 310,79 ha of land located in Kėdainiai district, Lithuania. The farm has 400 cattle, most of which are dairy cows, as well as beef cattle.

Wheat, corn, and other cereals are grown on the most fertile farmlands, some of which are sold, and some are used for fodder. The whole farmer's family and 4 other employees work on the farm. The farm's heavy machinery fleet consists of a tractor, sprayer, telescopic loader, and other heavy-duty vehicles. With the help of the HeavyFinance investor community, the farmer has already borrowed the necessary funds to purchase a used New Holland CR9080 combine harvester and self-propelled shredder. Payments for these projects are made on time. Having a sufficiently developed heavy equipment fleet, the businesswoman is now seeking to expand the farm area, therefore the project owner is borrowing 26,000 € for the purchase of two plots, 7,183 ha in total. The loan will be secured by the areas of land purchased.

Area of declared land: 310,79 ha, from which 172 ha is owned by the farmer

Annual interest

  • Investing from 100€ - interest 10,5%
  • Investing from 500€ - interest 11,3%
  • Investing from 1 000€ - interest 12%
  • Investing from 2 000€ - interest 12,2%
  • Investing from 5 000€ - interest 12,5%

Detailed Information

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Project risks

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Documents

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Success

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