Fully invested

LV0000155, Working capital loan backed by 6,9 ha land

Raised:
11 200.00 €
Goal:
11 200.00 €
Loan number
LV0000155
Yearly return rate
13 %
Goal
11 200.00 €
Loan period
30 Months
Risk rating
B
Extra measures
Pledge of assets
Investors
45
Location
Latvia
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

This project provides HeavyFinance investors with the opportunity to contribute to the Latvian company’s development. The loan will be used to increase working capital and will be secured by pledging 2 plots of land.

The company MADARAS-17, IK cultivates a 66 ha farm, which mostly cultivates grains. Some farm plots are dedicated to growing vegetables. The company is actively engaged in poultry farming as well - there are 800 chicken birds on the farm at the moment. The farm’s technical fleet consists of a tractor, a New Holland combine harvester with a 3m header, a Kverneland 3-body plow, a sprayer, a fertilizer spreader, and a seed drill.

To maintain the efficient work, the company is borrowing an 11.200 €.

Area of declared land: 66ha, of which 22 ha is owned by the company

Annual interest

Fixed annual interest rate - 13%

Detailed Information

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Project owner

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Project risks

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Documents

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Investments

No investments found.

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Success

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