You're reading the October 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 October 2025 was €1,553,650 across 43 projects (avg. project value €36,131). The breakdown by country is as follows:
The share of loans issued in October that were backed by either land/property or machinery in each market was the following: Romania 94%; Lithuania 100%; Latvia 95%.
153 new investors registered on the LANDE Platform in October.
LANDE investors earned a total of €140,473 in interest in October, with the all-time total having now reached €3.73 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
The special cashback rewards campaign has been extended until December 15 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 October there were 1,715 projects funded through the LANDE platform, of which 903 had been repaid in full while 812 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 €908,747 in October, while the all-time total has reached €20.9 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:
During October, the Debt Recovery Department maintained its efforts to find the best approach for each case, aiming to ensure quick and effective handling of unpaid liabilities. The primary actions and achievements included:
Refinancing and closure of obligations
Several at-risk cases were successfully resolved through refinancing agreements, resulting in full settlement and closure: 12526896; 12412835; 12432274; 12464609; 900964; 12590879
Success in a default case – full recovery of the amount was achieved through the sale of the debtor’s real estate: 230530-846055
Peaceful court settlement - This will allow us to receive monthly payments and, in the event of non-compliance, to immediately initiate enforcement against all of the debtor’s assets: 230915-549433
The court has approved the applications for the issuance of enforcement documents based on the arbitration awards, and the next step will be to transfer the claims to the bailiff for enforcement: 240205-791460; 231124-210780
Lithuania
October was a stable month in Lithuania in terms of the number of applications. Most of the requests came from new clients seeking working capital financing. In the debt recovery process, we observed a significant increase in activity – larger amounts are being received from bailiffs due to the start of subsidy payments.
Considerable work has been invested in the new EIF and ILTE projects – cooperation has already begun, and the marketing team has announced this in the media. This has generated strong interest among both existing and new clients.
A lot of attention is also being paid to the repayment of existing clients’ loans to ensure that all repayments are made on time.
Romania
During October, Romania subsidiary recorded a sustained increase in both sales volumes and new client acquisitions.
We further strengthened our execution and recovery capabilities by engaging a law firm specialized in litigation, while field collection activities have started to generate visible results in terms of repayments and portfolio quality.
In parallel, we have been preparing for November, when all projects have instalments falling due, in order to ensure timely payments and maintain a high level of portfolio performance.
We have also expanded our network of regional representation partners by adding 2 new partners, reaching a total of 7, which ensures a wider territorial coverage. In parallel, we are continuing IT optimisations to support more efficient processes and better portfolio monitoring.
October also marked the handover period from the former Country Manager for Romania, Martins Geidels, to the new Country Manager, Oana Zglobiu, ensuring a smooth transition of responsibilities and continuity in day-to-day operations.
Poland
We are pleased to announce that our platform is officially entering the Polish market, marking our fourth international expansion. Leveraging the experience and strong performance achieved in previous markets, we are confident in our ability to deliver high-quality investment opportunities and sustainable growth.
Our Head of Legal Janis Laivins and Head of Business Operations Martins Geidels have taken the lead in establishing our presence in Poland, utilizing their extensive expertise to build a strong operational and compliance foundation. In addition, we have attracted a highly experienced Head of Operations with over 15 years of agricultural lending experience from the banking sector, as well as a seasoned Sales Manager with a strong background in SME lending.
Together with a reputable Polish law firm, we are drafting robust agreements that include strong security measures to ensure high levels of protection and risk mitigation for all funded projects. We look forward to a successful market launch and continued value creation for our investors.