This loan is secured by sole accountability from the project owner. Read more about this security measure here.
Nowadays farmers understand that in order to maintain a competitive and viable farm, it is necessary to modernize it and upgrade technologies and machinery.
The young farmer has a lot of energy to expand the farm and has included several new improvements in his future plans, but working with old machinery causes unnecessary risks and insufficient efficiency which are the main obstacles to further development.
Encouraged by his parents and inspired by the idea of farming, the farmer grows the main cereals: rye, barley, rape, peas. Today, the farmer is not planning to experiment with new crops but relies on experience, convenient sales, and profitability indicators. In addition to cereals, the farm began growing strawberries, which have already made a profit this season.
A working capital loan is requested for the acquisition of the drill.
The total area of arable land on which crop activities are carried out together with relatives is 19.5 hectares
Area of declared land: 4.65 hectares, from which 4.65 hectares are owned by the project owner