This loan is secured by sole accountability from the project owner. Read more about this security measure here.
With this project, we invite you to invest in the development of a crop farm. The farmer has been engaged in the agriculture sector since 2014 and now he cultivates a 25.55 ha farm in the Utena district. Winter and summer wheat is grown here. The farm's technical fleet consists of a tractor with the necessary additional equipment like a cultivator, discs, a plough, and a sprayer. Now the farmer is trying to buy even more gear therefore he is borrowing 10.000 € from the HeavyFinance community.
The businessman has already agreed to lease an additional 15 hectares of land since autumn and continues to look for ways to expand crop areas.
Area of declared land: 25,55 hectares, from which ~5 hectares are owned by the farmer.