LT0001482
Closed for investment
General Information
LENDING
AGRICULTURAL LOAN
HEAVY FINANCE
BB
Monthly
Financial Information
€14,000.00
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€0.00
€5.00
15.00 %
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Important Dates
394
2023-07-07
2025-01-07
Description
Description
A vegetable farm has been established in Šakiai district. Since 2021 the farm has been growing potatoes, carrots, other vegetables and some wheat and barley.
The farmer uses a tractor, a potato harvester, a sowing machine, a trailer and other implements purchased under an NMA project.
The farmer is currently seeking a loan of EUR 14 000 for turnover, which will be used for the purchase of machinery.
The farmer is currently using 19,88 ha of rented land, but plans to buy his own land next year, thus expanding the farm to at least 50 ha.
Business information
Declared land, ha 19.88
Owned land, ha 0
Revenue 2022 €29 532
Revenue 2021 €15 633
Security measures
Personal liability of the project owner