Agriculture loan LT0002989

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

Flag Lithuania
Agricultural
Crowdlending
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Project Documents
Project owner Address
Farmer Viktoras Jencius Rokiškio r., Rokiškis, Aušros g. 9

 

         Declared Owned
Farming land 58.21 ha 58.21 ha

 

  2024 2023
Revenue 98,027.00 € 95,770.00 €
Net profit 16,089.00 € 26,553.00 €
Equity ratio 24.03% -

A farmer operating in the Šilalė region specializes in dairy farming. The herd consists of 38 dairy cows, which ensures stable and consistent operations.

The farm manages 36.32 ha of land, 15.2 ha of which are owned by the farmer, while the remainder is leased under long-term agreements. The farm produces most of its own feed, thereby reducing dependence on external suppliers and optimizing costs.

Its machinery fleet includes several new tractors, a round baler and other equipment needed for forage preparation and daily tasks; this enables efficient work and maintains uninterrupted production.

The financing is intended to increase working capital so the farm can smoothly cover operating expenses and timely procure raw materials, feed and other essential resources.

 

Agriculture loan LT0002989
  • Target Amount: 15000
  • End Date: 15/08/2025
  • IRR: 12%
  • Loan Term: 17M