Kazimieras Brazauskas took over the farm of his parents in 2017. Since then, the farm has been expanding and now has 70 hectares of arable land. The farmer grows cattle, winter wheat, and summer wheat.
21-year- old agriculture businessman sees many opportunities for further expansion because many elderly farmers want to sell their land close by. Considering the lack of workforce in the agricultural sector, he already has two tractors and a combine harvester.
The farmer is actively preparing for the new farming season and has already successfully borrowed from the HeavyFinance investor community to purchase a new mounted reversible plough. In preparation for the spring, the farmer borrows € 7 280 to cover working capital. A 3.10 ha plot of land worth € 10,400 is pledged to secure the loan.
Value of mortgaged property: 10 400 €
Loan to current asset value ratio: 70%