This loan is secured by sole accountability from the project owner. Read more about this security measure here.
This project provides the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian farm. The funding will be used for ongoing reconstruction works of buildings for beef cattle.
Six years ago, after completing the training of young farmers, the businesswoman started to develop a mixed farm in the Telšiai district. The woman currently grows crops, like oilseed rape, barley, wheat, hemp seeds. The part of the farm's land is used for grass seed production, and the rest is used for meadows, where 20 breeding heifers graze.
This is not the first farmer’s loan project on the HeavyFinance platform - recently the businesswoman borrowed 48.658 € to purchase a new round baler with National Paying Agency Support. The loan installments are made on time.
The farm's technical fleet consists of grain drying equipment, an oil press, and a mentioned round baler.
In the future, the farmer will continue to develop the field of animal husbandry and purchase new breeding heifers.
Area of declared land: 73,68 hectares, from which 1,75 hectares are owned by the farmer