You're reading the September 2025 edition of LANDE's Platform Performance Report, which we publish monthly to highlight our progress in loan issuance and debt collection and provide insight into other platform or team developments.
The total amount farmers borrowed through the LANDE platform across our three markets in September 2025 was €1,460,286 across 45 projects (avg. project value €32,450). The breakdown by country is as follows:
The share of loans issued in September that were backed by either land/property or machinery in each market was the following: Romania 95%; Lithuania 100%; Latvia 100%.
155 new investors registered on the LANDE Platform in September.
LANDE investors earned a total of €184,479 in interest in September, with the all-time total having now reached €3.59 million.
Bonus opportunities
New investors get 3% cashback on all investments they make on the Primary Market in the first 30 days on the platform using this link.
Additionally, all investors will get a 1% referral bonus for recommending our platform to a friend using the unique referral link on their dashboards (bonus applies to the investments made by the referred user in the first 30 days).
Special Fall Portfolio Booster - Romania projects
A new round of special cashback rewards is available until October 31, exclusively for projects based in Romania, where volumes have been especially high this season.
Invest €500+ → get 0.5% cashback
Invest €1,000+ → get 1% cashback
Invest €5,000+ → get 2% cashback
NOTE: Cashback applies only when the amounts above are invested in a single Romania-based project, on the Primary Market.
Loan repayment statistics
At the end of September there were 1,672 projects funded through the LANDE platform, of which 861 had been repaid in full while 811 were active, with their repayment status detailed below (+comparison with previous month):
Loans with collateral consisting of livestock and harvest hold the highest shares of 90+ day delays, which is why we have been moving away from these collateral categories and focusing more on securing projects backed by land and/or machinery.
Repaid principal totalled €924,700 in September, while the all-time total has reached €20 million.
More real-time portfolio data can be found on our statistics page.
Debt collection stages
Below is a breakdown of debt collection stages for delayed loans. Most of the 90+ loans are already in the enforcement phase with bailiffs engaged in recovering the value of the collateral.
Details about debt collection stages can be found here.
Market highlights
Latvia:
In September, the Latvian Debt Recovery team continued its efforts to identify and implement the most appropriate and effective solutions for each individual case, with the objective of ensuring the timely and successful resolution of outstanding obligations. The following key activities and results were achieved:
Refinancing and closure of obligations
Several at-risk cases were successfully resolved through refinancing agreements, resulting in full settlement and closure of: 12413543; 12460434 ; 240115-306941; 230129-566693; 230129-566693
Voluntary settlement of overdue obligations by debtors
In the following cases, overdue liabilities (90+ days past due) were voluntarily settled by the borrowers, resolving the outstanding debts: 2415834; 230208-905223
The following cases collateral was listed for auction via forced recovery measures, following the debtor’s overdue liabilities (90+ days past due): 12480934
Usually in September farmers wait to receive harvest money, so we expect to see slight delays, but the LANDE team managed to reduce the number of clients who were late on payments and stayed in close contact with them throughout the period. The weather conditions are favourable for farmers now and they are preparing for the next season.
Lithuania:
This September, we’ve seen a significant increase in clients across Lithuania showing interest in refinancing opportunities and seeking a trusted financial partner for their future investments.
The year hasn’t been easy for farmers, as challenging weather conditions and declining grain prices have impacted many. That’s why more and more clients are turning to LANDE for professional advice and tailored financial solutions.
Our team carefully reviews each case and, whenever possible, helps clients by adjusting payment schedules to match their individual needs. Since the beginning of September, we’ve also been reaching out to clients whose loan terms are coming to an end or who are planning larger repayments, ensuring smooth financial planning without unnecessary stress.
We’re happy to report that almost all clients in Lithuania have made their principal and interim payments on time, and some have even repaid their loans earlier than planned. This proves we’re on the right path, providing personalized support and flexible solutions for every client.
Romania:
Sales
September saw an increase in loan applications, driven mainly by the need for working capital to purchase inputs and prepare land for the autumn season, as well as by requests from bank-financed clients looking to consolidate instalments and optimise cash flow after two weaker production years, with expectations of a stronger 2025. We continued developing the automation project for loan assessment and approval, aimed at improving decision-making and shortening time to yes (TTY), which will progress further in the coming months. At the same time, we continued signing new partnerships to expand our network and collaboration opportunities.
Collection
We maintained proactive contact with clients scheduled to make large seasonal payments in September and October, to ensure timely collection and detect potential issues early. Although we recorded a higher number of late payments during the month, internal analysis shows that most clients were waiting for APIA subsidy payments starting in the second half of October to access the liquidity needed to cover their instalments.