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Fully invested

LT0000248, Loan for the acquisition of farm implements

Raised:
10 000.00 €
Goal:
10 000.00 €
Loan number
LT0000248
Yearly return rate
14.5 %
Goal
10 000.00 €
Loan period
34 Months
Risk rating
B
Extra measures
Sole accountability
Investors
46
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

Sole accountability

This loan is secured by sole accountability from the project owner. Read more about this security measure here.

About the project

With this project, we invite you to invest in the expansion of a farm's technical fleet. A businessman who is started his farming business in 2005 develops a 170-hectare mixed farm in the Švenčionys district. Wheat, peas, oats are grown here. 33 beef cattle and 140 sheep also graze on the farmland.

The farm's current technical fleet consists of two tractors, a cultivator, a trailer for transporting cattle, two mowers, and other smaller machinery. The project owner is now borrowing 10.000 € to purchase new additional equipment for more efficient work.

Area of declared land: 176,9 hectares, from which about 6 hectares are owned by the project owner.

Annual interest - 14,5%

Detailed Information

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Project owner

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Project risks

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Documents

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No investments found.

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