Agriculture loan LT0002991

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
Thumbnail
Project owner Address
Farmer Viktoras Jencius Rokiškio r., Rokiškis, Aušros g. 9

 

header_1 Declared Owned
Farming land 58.21 ha 58.21 ha

 

  2024 2023
Revenue 81,565.00 € 63,558.00 €
Net profit 22,253.00 € 2,565.00 €
Equity ratio 77.17% -

The currant farm was established in 2001 in the Rokiškis district. The organic farm grows currants on 58 ha of land, all of which is owned by farmer.

The farm uses 5 tractors, a combine harvester and other small implements. Next year farmer plans to increase the farm's productivity by adding a self-propelled combine harvester to the fleet.

Loan funds will be used to increase working capital.

Agriculture loan LT0002991
  • Target Amount: 15000
  • End Date: 15/08/2025
  • IRR: 15%
  • Loan Term: 35M