Funding for “Dzērves K” II
FG

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Funding for “Dzērves K” II

€20,500.00

Make investment

€20,500.00

Raised of €20,500.00

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Loan

  • Amount €20,500.00
  • Interest rate 11%
  • Term 12m
  • Collateral type Machinery
  • LTV 51%

Description

This project gives LANDE investors an opportunity to provide seasonal funding in the amount of € 20 500 for farming company SIA “Dzērves K” (40203346338), to receive a loan for purchase of a machinery. 

This project gives an opportunity to make a loan with an annual rate of 11 %, LTV of 51 %, a loan term of 12 months, with a monthly manner of interest payments.

Borrower SIA “Dzērves K” is a farming company engaged in crop production. This season “Dzērves K” is growing crops on 120 ha land, mostly wheat, rye and oats. Net turnover: 2021: € 38 691. Net profit: 2021: € 6 286. 

To secure the repayment of the loan, the borrower is pledging a farming machinery – tractor FENDT 820 VARIO. The market value of the machinery is € 40 300, which is determined by an independent appraisal "VCD ekspertu grupa".

The borrower is a recipient of support payments from European Agricultural Guarantee Fund and European Agricultural Fund for Rural Development. For additional guarantee the owner of the farm is giving a personal surety in the full loan amount.

Documents

  • Appraisal FENDT 731 820 VARIO
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Schedule

Grace period - 5 day period after the designated payment date according to the payment schedule, when the loan is not considered to be delayed, because of the bank transfer period.
# Date Principal Interest Total Status
1 05.09.2022 €0.00 €187.91 €187.91
2 05.10.2022 €0.00 €187.91 €187.91
3 05.11.2022 €0.00 €187.91 €187.91
4 05.12.2022 €0.00 €187.91 €187.91
5 05.01.2023 €0.00 €187.91 €187.91
6 05.02.2023 €0.00 €187.91 €187.91
7 05.03.2023 €0.00 €187.91 €187.91
8 05.04.2023 €0.00 €187.91 €187.91
9 05.05.2023 €0.00 €187.91 €187.91
10 05.06.2023 €0.00 €187.91 €187.91
11 05.07.2023 €0.00 €187.91 €187.91
12 05.08.2023 €0.00 €187.91 €187.91
13 06.08.2023 €20,500.00 €0.00 €20,500.00

Borrower

  • Country Latvia, LV

Collateral

  • Country Latvia, LV
  • Collateral type Machinery
  • Collateral value €40,300.00
  • LTV 51%

Investment Breakdown

Investor Amount
Anchor investments €62.78
Investor 1 €50.00
Investor 2 €50.00
Investor 3 €50.00
Investor 4 €50.00
Investor 5 €250.00
Investor 6 €250.00
Investor 7 €50.00
Investor 8 €50.00
Investor 9 €50.00
Investor 10 €1,000.00
Investor 11 €50.00
Investor 12 €250.00
Investor 13 €250.00
Investor 14 €50.00
Investor 15 €50.00
Investor 16 €50.00
Investor 17 €50.00
Investor 18 €250.00
Investor 19 €50.00
Investor 20 €50.00
Investor 21 €50.00
Investor 22 €250.00
Investor 23 €1,000.00
Investor 24 €250.00
Investor 25 €50.00
Investor 26 €50.00
Investor 27 €50.00
Investor 28 €50.00
Investor 29 €52.00
Investor 30 €50.00
Investor 31 €250.00
Investor 32 €100.00
Investor 33 €250.00
Investor 34 €250.00
Investor 35 €50.00
Investor 36 €50.00
Investor 37 €250.00
Investor 38 €250.00
Investor 39 €250.00
Investor 40 €150.00
Investor 41 €50.00
Investor 42 €50.00
Investor 43 €50.00
Investor 44 €50.00
Investor 45 €250.00
Investor 46 €50.00
Investor 47 €50.00
Investor 48 €200.00
Investor 49 €50.00
Investor 50 €50.00
Investor 51 €50.00
Investor 52 €250.00
Investor 53 €50.00
Investor 54 €50.00
Investor 55 €250.00
Investor 56 €50.00
Investor 57 €50.00
Investor 58 €50.00
Investor 59 €50.00
Investor 60 €50.00
Investor 61 €50.00
Investor 62 €150.00
Investor 63 €50.00
Investor 64 €50.00
Investor 65 €50.00
Investor 66 €52.40
Investor 67 €50.00
Investor 68 €51.00
Investor 69 €50.00
Investor 70 €50.00
Investor 71 €56.00
Investor 72 €50.00
Investor 73 €50.00
Investor 74 €50.00
Investor 75 €100.00
Investor 76 €50.00
Investor 77 €50.00
Investor 78 €63.97
Investor 79 €50.00
Investor 80 €50.00
Investor 81 €52.12
Investor 82 €10.00
Investor 83 €1,040.00
Investor 84 €50.00
Investor 85 €100.00
Investor 86 €1,100.00
Investor 87 €50.00
Investor 88 €50.00
Investor 89 €51.00
Investor 90 €202.00
Investor 91 €50.00
Investor 92 €60.00
Investor 93 €50.00
Investor 94 €50.00
Investor 95 €50.00
Investor 96 €51.89
Investor 97 €50.00
Investor 98 €50.00
Investor 99 €50.00
Investor 100 €100.00
Investor 101 €100.00
Investor 102 €100.00
Investor 103 €50.00
Investor 104 €50.00
Investor 105 €50.00
Investor 106 €50.00
Investor 107 €54.00
Investor 108 €50.00
Investor 109 €50.00
Investor 110 €71.86
Investor 111 €50.00
Investor 112 €50.00
Investor 113 €50.00
Investor 114 €50.00
Investor 115 €50.00
Investor 116 €50.00
Investor 117 €50.00
Investor 118 €50.00
Investor 119 €86.12
Investor 120 €62.88
Investor 121 €267.50
Investor 122 €50.00
Investor 123 €502.50
Investor 124 €2,000.00
Investor 125 €50.00
Investor 126 €50.00
Investor 127 €50.00
Investor 128 €50.00
Investor 129 €52.00
Investor 130 €500.00
Investor 131 €500.00
Investor 132 €52.00
Investor 133 €29.52
Investor 134 €51.50
Investor 135 €64.00
Investor 136 €50.00
Investor 137 €50.00
Investor 138 €50.00
Investor 139 €150.00
Investor 140 €50.00
Investor 141 €33.26
Totals €20,500.00
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