Agricultural loan for seasonal funding and farm modernization
FG

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Agricultural loan for seasonal funding and farm modernization

€53,000.00

Make investment

€53,000.00

Raised of €53,000.00

Icon check Project is fully funded

Loan

  • Amount €53,000.00
  • Interest rate 11%
  • Term 15m
  • Collateral type Grain
  • LTV 47%

Description

This project gives LendSecured investors an opportunity to provide seasonal funding in the amount of € 53000 for "IERES” Ltd, registration No. 41203056417, in order to secure working capital until the harvest, as well as the construction of new grain silo.

This project gives an opportunity to make a loan with an annual rate of 11%, LTV of 47%, a loan term of 15 months, with a monthly manner of interest payments.

Borrowers farm was founded in 2015 and is engaged in grain farming. In order to secure the repayment of the loan, the borrower has concluded an agreement for wheat sale in the volume of 540t. The repayment of the loan will be done, once the harvest will be handed to the buyer.

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

The price of wheat is determined by the stock exchange and at the time of the harvest will be approximately EUR 200 per ton for winter wheat and EUR 220 for summer wheat, making the value of the harvest EUR 111 600,00.

 

To avoid loss of crops due to natural disasters, such as hail, rainfall, or storm, the harvest will be insured. 

Documents

  • Risk assessment
Please login to see a list of documents.

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 15.01.2022 €0.00 €485.83 €485.83 Icon check Paid
2 15.02.2022 €0.00 €485.83 €485.83 Icon check Paid
3 15.03.2022 €0.00 €485.83 €485.83 Icon check Paid
4 15.04.2022 €0.00 €485.83 €485.83 Icon check Paid
5 15.05.2022 €0.00 €485.83 €485.83 Icon check Paid
6 15.06.2022 €0.00 €485.83 €485.83 Icon check Paid
7 15.07.2022 €0.00 €485.83 €485.83 Icon check Paid
8 15.08.2022 €0.00 €485.83 €485.83 Icon check Paid
9 15.09.2022 €0.00 €485.83 €485.83 Icon check Paid
10 15.10.2022 €0.00 €485.83 €485.83 Icon check Paid
11 15.11.2022 €0.00 €485.83 €485.83 Icon check Paid
12 15.12.2022 €0.00 €485.83 €485.83
13 15.01.2023 €0.00 €485.83 €485.83
14 15.02.2023 €0.00 €485.83 €485.83
15 15.03.2023 €0.00 €485.83 €485.83
16 16.03.2023 €53,000.00 €0.00 €53,000.00

Borrower

  • Country Latvia, LV

Collateral

  • Country Latvia, LV
  • Collateral type Grain
  • Collateral value €111,600.00
  • LTV 47%
  • Pledge Winter and summer wheat
  • Volume 540t
  • Personal Guarantee By Owner Matīss Grīnvalds
  • Insurance against loss of crops due to natural disasters, such as hail, rainfall, storm

Investment Breakdown

Investor Amount
Anchor investments €507.97
Investor 1 €500.00
Investor 2 €0.00
Investor 3 €50.00
Investor 4 €200.00
Investor 5 €50.00
Investor 6 €52.00
Investor 7 €50.00
Investor 8 €50.00
Investor 9 €100.00
Investor 10 €160.00
Investor 11 €50.00
Investor 12 €114.27
Investor 13 €50.00
Investor 14 €50.00
Investor 15 €100.00
Investor 16 €50.00
Investor 17 €61.85
Investor 18 €50.00
Investor 19 €1,000.00
Investor 20 €100.00
Investor 21 €50.00
Investor 22 €50.00
Investor 23 €1,500.00
Investor 24 €100.00
Investor 25 €75.00
Investor 26 €50.00
Investor 27 €50.00
Investor 28 €2,000.00
Investor 29 €56.00
Investor 30 €100.00
Investor 31 €234.45
Investor 32 €100.00
Investor 33 €69.00
Investor 34 €57.09
Investor 35 €51.76
Investor 36 €99.40
Investor 37 €75.00
Investor 38 €50.00
Investor 39 €510.00
Investor 40 €0.00
Investor 41 €810.00
Investor 42 €812.01
Investor 43 €300.00
Investor 44 €50.00
Investor 45 €100.00
Investor 46 €50.00
Investor 47 €0.00
Investor 48 €50.00
Investor 49 €50.00
Investor 50 €1,000.00
Investor 51 €100.00
Investor 52 €50.00
Investor 53 €53.00
Investor 54 €50.00
Investor 55 €50.00
Investor 56 €0.00
Investor 57 €0.00
Investor 58 €50.00
Investor 59 €50.00
Investor 60 €0.00
Investor 61 €100.00
Investor 62 €150.00
Investor 63 €500.00
Investor 64 €51.90
Investor 65 €250.00
Investor 66 €100.00
Investor 67 €504.00
Investor 68 €51.00
Investor 69 €50.00
Investor 70 €1.00
Investor 71 €50.00
Investor 72 €50.00
Investor 73 €100.00
Investor 74 €50.00
Investor 75 €50.00
Investor 76 €0.00
Investor 77 €100.00
Investor 78 €50.00
Investor 79 €100.00
Investor 80 €200.00
Investor 81 €50.00
Investor 82 €0.00
Investor 83 €0.24
Investor 84 €0.11
Investor 85 €0.00
Investor 86 €50.00
Investor 87 €552.00
Investor 88 €100.00
Investor 89 €50.50
Investor 90 €0.00
Investor 91 €0.12
Investor 92 €53.06
Investor 93 €161.00
Investor 94 €64.00
Investor 95 €0.59
Investor 96 €0.00
Investor 97 €209.00
Investor 98 €0.00
Investor 99 €0.00
Investor 100 €206.73
Investor 101 €65.00
Investor 102 €200.00
Investor 103 €50.00
Investor 104 €1,000.00
Investor 105 €50.00
Investor 106 €50.00
Investor 107 €1,003.00
Investor 108 €50.00
Investor 109 €50.00
Investor 110 €50.00
Investor 111 €50.00
Investor 112 €5,000.00
Investor 113 €50.00
Investor 114 €100.00
Investor 115 €0.00
Investor 116 €0.00
Investor 117 €50.00
Investor 118 €50.00
Investor 119 €100.00
Investor 120 €50.00
Investor 121 €0.00
Investor 122 €50.00
Investor 123 €100.00
Investor 124 €500.00
Investor 125 €500.00
Investor 126 €50.00
Investor 127 €100.00
Investor 128 €100.00
Investor 129 €50.00
Investor 130 €0.00
Investor 131 €100.00
Investor 132 €50.00
Investor 133 €100.00
Investor 134 €0.11
Investor 135 €0.00
Investor 136 €50.00
Investor 137 €52.50
Investor 138 €200.00
Investor 139 €50.00
Investor 140 €0.00
Investor 141 €50.00
Investor 142 €51.00
Investor 143 €10.00
Investor 144 €200.00
Investor 145 €0.00
Investor 146 €0.28
Investor 147 €50.00
Investor 148 €52.50
Investor 149 €111.67
Investor 150 €50.00
Investor 151 €568.94
Investor 152 €50.00
Investor 153 €50.00
Investor 154 €110.00
Investor 155 €50.00
Investor 156 €100.00
Investor 157 €100.00
Investor 158 €250.00
Investor 159 €109.00
Investor 160 €50.00
Investor 161 €53.93
Investor 162 €60.00
Investor 163 €50.00
Investor 164 €0.00
Investor 165 €10.00
Investor 166 €2.00
Investor 167 €26.00
Investor 168 €54.41
Investor 169 €10.00
Investor 170 €50.00
Investor 171 €5.00
Investor 172 €500.00
Investor 173 €25.00
Investor 174 €150.00
Investor 175 €0.00
Investor 176 €0.00
Investor 177 €2.00
Investor 178 €2.00
Investor 179 €25.00
Investor 180 €75.00
Investor 181 €200.00
Investor 182 €0.00
Investor 183 €200.00
Investor 184 €100.00
Investor 185 €14.86
Investor 186 €10.00
Investor 187 €5.00
Investor 188 €40.84
Investor 189 €10.00
Investor 190 €50.50
Investor 191 €10.90
Investor 192 €50.00
Investor 193 €11.00
Investor 194 €50.00
Investor 195 €56.00
Investor 196 €0.00
Investor 197 €0.00
Investor 198 €76.00
Investor 199 €50.00
Investor 200 €0.00
Investor 201 €50.89
Investor 202 €10.00
Investor 203 €25.00
Investor 204 €50.00
Investor 205 €0.00
Investor 206 €0.00
Investor 207 €0.00
Investor 208 €59.91
Investor 209 €23.47
Investor 210 €50.00
Investor 211 €10.20
Investor 212 €50.00
Investor 213 €50.00
Investor 214 €0.00
Investor 215 €40.00
Investor 216 €100.00
Investor 217 €25.00
Investor 218 €0.00
Investor 219 €50.00
Investor 220 €0.00
Investor 221 €50.00
Investor 222 €50.00
Investor 223 €50.00
Investor 224 €47.25
Investor 225 €100.00
Investor 226 €50.00
Investor 227 €6.81
Investor 228 €25.72
Investor 229 €50.00
Investor 230 €25.00
Investor 231 €10.00
Investor 232 €62.00
Investor 233 €50.00
Investor 234 €1,060.00
Investor 235 €100.00
Investor 236 €22.00
Investor 237 €52.00
Investor 238 €25.50
Investor 239 €16.89
Investor 240 €91.86
Investor 241 €100.00
Investor 242 €4.00
Investor 243 €50.00
Investor 244 €0.00
Investor 245 €100.00
Investor 246 €50.00
Investor 247 €100.00
Investor 248 €45.93
Investor 249 €0.00
Investor 250 €100.00
Investor 251 €10.00
Investor 252 €50.00
Investor 253 €50.50
Investor 254 €4.71
Investor 255 €2.00
Investor 256 €8.00
Investor 257 €50.00
Investor 258 €14.71
Investor 259 €25.00
Investor 260 €2.05
Investor 261 €108.10
Investor 262 €0.00
Investor 263 €30.00
Investor 264 €50.00
Investor 265 €47.46
Investor 266 €5.00
Investor 267 €2.99
Investor 268 €50.00
Investor 269 €10.00
Investor 270 €2.98
Investor 271 €0.00
Investor 272 €20.00
Investor 273 €0.00
Investor 274 €25.00
Investor 275 €2.00
Investor 276 €3.00
Investor 277 €242.03
Investor 278 €50.00
Investor 279 €0.00
Investor 280 €10.00
Investor 281 €10.00
Investor 282 €50.00
Investor 283 €11.43
Investor 284 €5.00
Investor 285 €50.00
Investor 286 €50.00
Investor 287 €50.00
Investor 288 €50.00
Investor 289 €100.00
Investor 290 €135.57
Investor 291 €150.00
Investor 292 €2.62
Investor 293 €20.00
Investor 294 €81.53
Investor 295 €250.00
Investor 296 €25.00
Investor 297 €53.00
Investor 298 €0.00
Investor 299 €10.00
Investor 300 €21.25
Investor 301 €14.92
Investor 302 €57.99
Investor 303 €800.00
Investor 304 €250.00
Investor 305 €100.00
Investor 306 €10.00
Investor 307 €0.00
Investor 308 €51.27
Investor 309 €50.00
Investor 310 €50.00
Investor 311 €4.00
Investor 312 €51.84
Investor 313 €67.13
Investor 314 €50.00
Investor 315 €50.00
Investor 316 €10.00
Investor 317 €20.00
Investor 318 €10.00
Investor 319 €50.00
Investor 320 €50.00
Investor 321 €50.00
Investor 322 €96.34
Investor 323 €200.00
Investor 324 €23.41
Investor 325 €10.00
Investor 326 €10.00
Investor 327 €2.47
Investor 328 €50.00
Investor 329 €58.07
Investor 330 €10.00
Investor 331 €10.00
Investor 332 €50.00
Investor 333 €50.00
Investor 334 €0.00
Investor 335 €50.00
Investor 336 €50.00
Investor 337 €50.00
Investor 338 €50.00
Investor 339 €9.50
Investor 340 €10.00
Investor 341 €100.00
Investor 342 €50.00
Investor 343 €50.00
Investor 344 €151.29
Investor 345 €40.00
Investor 346 €11.00
Investor 347 €0.00
Investor 348 €100.00
Investor 349 €50.00
Investor 350 €50.00
Investor 351 €16.70
Investor 352 €100.00
Investor 353 €10.25
Investor 354 €200.00
Investor 355 €50.00
Investor 356 €50.00
Investor 357 €25.85
Investor 358 €10.00
Investor 359 €50.00
Investor 360 €19.00
Investor 361 €50.00
Investor 362 €50.00
Investor 363 €35.00
Investor 364 €90.00
Investor 365 €6.00
Investor 366 €10.00
Investor 367 €50.00
Investor 368 €50.00
Investor 369 €30.00
Investor 370 €51.51
Investor 371 €50.00
Investor 372 €50.00
Investor 373 €50.00
Investor 374 €0.00
Investor 375 €16.92
Investor 376 €0.00
Investor 377 €5.00
Investor 378 €50.00
Investor 379 €50.00
Investor 380 €10.00
Investor 381 €22.88
Investor 382 €26.00
Investor 383 €0.00
Investor 384 €60.00
Investor 385 €0.00
Investor 386 €61.00
Investor 387 €50.00
Investor 388 €50.00
Investor 389 €10.00
Investor 390 €10.00
Investor 391 €422.00
Investor 392 €0.00
Investor 393 €50.00
Investor 394 €422.51
Investor 395 €10.00
Investor 396 €25.00
Investor 397 €5.00
Investor 398 €5.00
Investor 399 €50.00
Investor 400 €10.00
Investor 401 €89.00
Investor 402 €18.43
Investor 403 €100.00
Investor 404 €521.65
Investor 405 €50.00
Investor 406 €111.00
Investor 407 €143.98
Investor 408 €100.00
Investor 409 €50.00
Investor 410 €50.00
Investor 411 €120.00
Investor 412 €100.00
Investor 413 €50.00
Investor 414 €10.00
Investor 415 €50.00
Investor 416 €14.67
Investor 417 €5,875.52
Investor 418 €1,072.04
Investor 419 €0.00
Investor 420 €0.00
Investor 421 €100.00
Investor 422 €50.00
Investor 423 €100.00
Investor 424 €20.00
Investor 425 €10.12
Investor 426 €49.24
Investor 427 €50.00
Investor 428 €50.00
Investor 429 €16.00
Investor 430 €40.00
Investor 431 €100.00
Investor 432 €5.58
Investor 433 €2.00
Investor 434 €119.92
Investor 435 €281.13
Investor 436 €25.00
Investor 437 €26.77
Investor 438 €12.87
Investor 439 €100.00
Investor 440 €50.00
Investor 441 €50.00
Investor 442 €10.36
Investor 443 €64.56
Investor 444 €25.00
Investor 445 €30.00
Investor 446 €50.00
Investor 447 €150.00
Investor 448 €51.05
Investor 449 €500.00
Investor 450 €501.42
Investor 451 €267.07
Investor 452 €50.00
Investor 453 €50.00
Investor 454 €50.00
Investor 455 €50.00
Investor 456 €50.00
Investor 457 €50.00
Investor 458 €100.00
Investor 459 €25.00
Investor 460 €50.00
Investor 461 €25.00
Investor 462 €10.00
Investor 463 €18.00
Investor 464 €50.00
Totals €52,846.00

Latest comments

The borrower has been contacted, the payment has been made, we’re waiting on the bank statement, so we can submit it to LemonWay. The correct bank references are sent to the borrower, so the payments are received correctly.
LANDE
18.02.2022
How is the follow up on the late payment?
Cornelissen Jens
09.07.2022
At the moment borrower don't have any debt, everything is paid. Next payment should be done until 15.07.2022.
LANDE
12.07.2022
es ist aber bis jetzt nix angekommen !! er steht immer noch als überfällig da!!
Petri Ronny
27.09.2022
Hello, it seems that you made your investment for this project in 26.09.2022 but the September monthly payment was in 15.09.2022, next payment is planned in 15.10.2022. If there is any issue, please contact [email protected]
LANDE
28.09.2022
Hello what's news about payment?
Carretero Laurent
20.10.2022
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