With this project, we provide the HeavyFinance investor community with an opportunity to invest in the development of the Lithuanian mixed farm. The funding is intended to increase working capital. The loan will be secured by a used Case IH Puma 145 T tractor.
The farmer, who has 16 years of agricultural experience, cultivates a 136.41 ha mixed farm in the Lazdijai district. Fifty dairy cattle are currently raised on the farm as well as wheat and oilseed rape sown in the most fertile areas.
A couple of tractors, a combine harvester, a rake, and other necessary equipment are used to keep the efficient work on the farm. As the summer season is approaching, the project owner decided to increase the working capital with 29.500 € for which he plans to buy a mower. Besides, the farmer has recently received National Paying Agency support for the purchase of new equipment, therefore he is planning to borrow from the HeavyFinance investor community in the near future for further development of the farm's equipment fleet.
Area of declared land: 136,41 ha, from which 20 ha is owned by the farmer