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Fully invested

LT0000241, Loan for the development of a farm technical fleet

Raised:
5 000.00 €
Goal:
5 000.00 €
Loan number
LT0000241
Yearly return rate
11 %
Goal
5 000.00 €
Loan period
16 Months
Risk rating
B
Extra measures
Pledge of assets, Sole accountability
Investors
15
Location
Lithuania
Secondary market
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

With this project, we invite you to invest in the development of a livestock farm. The businesswoman, who has more than 14 years of experience in the agriculture sector, is currently developing a 16.67 ha farm in the Klaipėda district. 15 beef cattle are grazing here. Usually, a farmer acquires from five to seven new cattle each year.

The farm's technical fleet consists of a tractor, a plough, a mower, a rake, a tedder, a trailer, and other necessary equipment. With this project, the farmer is borrowing 5.000 €, which will be used for the acquisition of smaller agricultural equipment.

This is not a first farmer's project on the HeavyFinance platform - we have recently issued the farmer a loan for a round baler.

Area of declared land: 16,67 hectares.

Annual interest - 11%

Detailed Information

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Project risks

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Documents

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