Agricultural loan for seasonal funding
FG
RO

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Agricultural loan for seasonal funding

€32,500.00

Make investment

€32,500.00

Raised of €32,500.00

Icon check Project is fully funded

Loan

  • Amount €32,500.00
  • Interest rate 12%
  • Term 7m
  • Collateral type Harvest
  • LTV 56%

Description

This project gives LendSecured investors an opportunity to provide seasonal funding in the amount of € 32 500 for SIA “Zaļpļavnieki” reg.nr 40103572849 for purchasing everything necessary for next season (seeds, fuel, fertilizers).

This project gives an opportunity to make a loan with an annual rate of 12%, LTV of 56%, a loan term of 7 months, with a monthly manner of interest payments.

The borrower is engaged in cereal farming since 2012. In order to secure the repayment of the loan, the borrower has concluded an agreement for a winter wheat sale in the volume of 180t. The repayment of the loan will be done, once the harvest will be handed to the buyer.

The borrower is a recipient of government subsidies and support payments from the European Agricultural Guarantee Fund and the European Agricultural Fund for Rural Development.

The price of wheat is determined by the stock exchange and at the time of the harvest will be approximately EUR 320 per ton, thus the value of the harvest is estimated at EUR 57 600.

 

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

The loan repayment schedule is informative and can be subject to change.
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 05.05.2022 €0.00 €325.00 €325.00 Icon check Paid
2 05.06.2022 €0.00 €325.00 €325.00 Icon check Paid
3 05.07.2022 €0.00 €325.00 €325.00 Icon check Paid
4 05.08.2022 €0.00 €325.00 €325.00 Icon check Paid
5 05.09.2022 €0.00 €325.00 €325.00 Icon check Paid
6 05.10.2022 €0.00 €325.00 €325.00 Icon check Paid
7 05.11.2022 €32,500.00 €325.00 €32,825.00 Icon check Paid
8 05.12.2022 €0.00 €325.00 €325.00 Icon check Paid
9 05.01.2023 €0.00 €325.00 €325.00 Icon check Paid
10 05.02.2023 €0.00 €325.00 €325.00 Icon check Paid
11 02.03.2023 €0.00 €260.00 €260.00 Icon check Paid

Borrower

  • Country Latvia, LV

Collateral

  • Country Latvia, LV
  • Collateral type Harvest
  • Collateral value €57,600.00
  • LTV 56%
  • Pledge Winter wheat
  • Volume 180t
  • Personal Guarantee By Owner Klāvs Krīgers
  • Insurance against loss of crops due to natural disasters, such as hail, rainfall, storm

Investment Breakdown

Investor Amount
Anchor investments €0.00
Investor 1 €0.00
Investor 2 €0.00
Investor 3 €0.00
Investor 4 €0.00
Investor 5 €0.00
Investor 6 €0.00
Investor 7 €0.00
Investor 8 €0.00
Investor 9 €0.00
Investor 10 €0.00
Investor 11 €0.00
Investor 12 €0.00
Investor 13 €0.00
Investor 14 €0.00
Investor 15 €0.00
Investor 16 €0.00
Investor 17 €0.00
Investor 18 €0.00
Investor 19 €0.00
Investor 20 €0.00
Investor 21 €0.00
Investor 22 €0.00
Investor 23 €0.00
Investor 24 €0.00
Investor 25 €0.00
Investor 26 €0.00
Investor 27 €0.00
Investor 28 €0.00
Investor 29 €0.00
Investor 30 €0.00
Investor 31 €0.00
Investor 32 €0.00
Investor 33 €0.00
Investor 34 €0.00
Investor 35 €0.00
Investor 36 €0.00
Investor 37 €0.00
Investor 38 €0.00
Investor 39 €0.00
Investor 40 €0.00
Investor 41 €0.00
Investor 42 €0.00
Investor 43 €0.00
Investor 44 €0.00
Investor 45 €0.00
Investor 46 €0.00
Investor 47 €0.00
Investor 48 €0.00
Investor 49 €0.00
Investor 50 €0.00
Investor 51 €0.00
Investor 52 €0.00
Investor 53 €0.00
Investor 54 €0.00
Investor 55 €0.00
Investor 56 €0.00
Investor 57 €0.00
Investor 58 €0.00
Investor 59 €0.00
Investor 60 €0.00
Investor 61 €0.00
Investor 62 €0.00
Investor 63 €0.00
Investor 64 €0.00
Investor 65 €0.00
Investor 66 €0.00
Investor 67 €0.00
Investor 68 €0.00
Investor 69 €0.00
Investor 70 €0.00
Investor 71 €0.00
Investor 72 €0.00
Investor 73 €0.00
Investor 74 €0.00
Investor 75 €0.00
Investor 76 €0.00
Investor 77 €0.00
Investor 78 €0.00
Investor 79 €0.00
Investor 80 €0.00
Investor 81 €0.00
Investor 82 €0.00
Investor 83 €0.00
Investor 84 €0.00
Investor 85 €0.00
Investor 86 €0.00
Investor 87 €0.00
Investor 88 €0.00
Investor 89 €0.00
Investor 90 €0.00
Investor 91 €0.00
Investor 92 €0.00
Investor 93 €0.00
Investor 94 €0.00
Investor 95 €0.00
Investor 96 -€0.01
Investor 97 €0.00
Investor 98 €0.00
Investor 99 €0.00
Investor 100 €0.00
Investor 101 €0.00
Investor 102 €0.00
Investor 103 €0.00
Investor 104 €0.00
Investor 105 €0.00
Investor 106 €0.00
Investor 107 €0.00
Investor 108 €0.00
Investor 109 €0.00
Investor 110 €0.00
Investor 111 €0.00
Investor 112 €0.00
Investor 113 €0.00
Investor 114 €0.00
Investor 115 €0.00
Investor 116 €0.00
Investor 117 €0.00
Investor 118 €0.00
Investor 119 €0.00
Investor 120 €0.00
Investor 121 €0.00
Investor 122 €0.00
Investor 123 €0.00
Investor 124 €0.00
Investor 125 €0.00
Investor 126 €0.00
Investor 127 €0.00
Investor 128 €0.00
Investor 129 €0.00
Investor 130 €0.00
Investor 131 €0.00
Investor 132 €0.00
Investor 133 €0.00
Investor 134 €0.00
Investor 135 €0.00
Investor 136 €0.00
Investor 137 €0.00
Investor 138 €0.00
Investor 139 €0.00
Investor 140 €0.00
Investor 141 €0.00
Investor 142 €0.00
Investor 143 €0.00
Investor 144 €0.00
Investor 145 €0.00
Investor 146 €0.00
Investor 147 €0.00
Investor 148 €0.00
Investor 149 €0.00
Investor 150 €0.00
Investor 151 €0.00
Investor 152 €0.00
Investor 153 €0.00
Investor 154 €0.00
Investor 155 €0.00
Investor 156 €0.00
Investor 157 €0.00
Investor 158 €0.00
Investor 159 €0.00
Investor 160 €0.00
Investor 161 €0.00
Investor 162 €0.00
Investor 163 €0.00
Investor 164 €0.00
Investor 165 €0.00
Investor 166 €0.00
Investor 167 €0.00
Investor 168 €0.00
Investor 169 €0.00
Investor 170 €0.00
Investor 171 €0.00
Investor 172 €0.00
Investor 173 €0.00
Investor 174 €0.00
Investor 175 €0.00
Investor 176 €0.00
Investor 177 €0.00
Investor 178 €0.00
Investor 179 €0.00
Investor 180 €0.00
Investor 181 €0.00
Investor 182 €0.00
Investor 183 €0.00
Investor 184 €0.00
Investor 185 €0.00
Investor 186 €0.00
Investor 187 €0.00
Investor 188 €0.00
Investor 189 €0.00
Investor 190 €0.00
Investor 191 €0.00
Investor 192 €0.00
Investor 193 €0.00
Investor 194 €0.00
Investor 195 €0.00
Investor 196 €0.00
Investor 197 €0.00
Investor 198 €0.00
Investor 199 €0.00
Investor 200 €0.00
Investor 201 €0.00
Investor 202 €0.00
Investor 203 €0.00
Investor 204 €0.00
Investor 205 €0.00
Investor 206 €0.00
Investor 207 €0.00
Investor 208 €0.00
Investor 209 €0.00
Investor 210 €0.00
Investor 211 €0.00
Investor 212 €0.00
Investor 213 €0.00
Investor 214 €0.00
Investor 215 €0.00
Investor 216 €0.00
Investor 217 €0.00
Investor 218 €0.00
Investor 219 €0.00
Investor 220 €0.00
Investor 221 €0.00
Investor 222 €0.00
Investor 223 €0.00
Investor 224 €0.00
Investor 225 €0.00
Investor 226 €0.00
Investor 227 €0.00
Investor 228 €0.00
Investor 229 €0.00
Investor 230 €0.00
Investor 231 €0.00
Investor 232 €0.00
Investor 233 €0.00
Investor 234 €0.00
Investor 235 €0.00
Investor 236 €0.00
Investor 237 €0.00
Investor 238 €0.00
Investor 239 €0.00
Investor 240 €0.00
Investor 241 €0.00
Investor 242 €0.00
Investor 243 €0.00
Investor 244 €0.00
Investor 245 €0.00
Investor 246 €0.00
Investor 247 €0.00
Investor 248 €0.00
Investor 249 €0.00
Investor 250 €0.00
Investor 251 €0.00
Investor 252 €0.00
Investor 253 €0.00
Investor 254 €0.00
Investor 255 €0.00
Investor 256 €0.00
Investor 257 €0.00
Investor 258 €0.00
Investor 259 €0.00
Investor 260 €0.00
Investor 261 €0.00
Investor 262 €0.00
Investor 263 €0.00
Investor 264 €0.00
Investor 265 €0.00
Investor 266 €0.00
Investor 267 €0.00
Investor 268 €0.00
Investor 269 €0.00
Investor 270 €0.00
Investor 271 €0.00
Investor 272 €0.00
Investor 273 €0.00
Investor 274 €0.00
Investor 275 €0.00
Investor 276 €0.00
Investor 277 €0.00
Investor 278 €0.00
Investor 279 €0.00
Investor 280 €0.00
Investor 281 €0.00
Investor 282 €0.00
Investor 283 €0.00
Investor 284 €0.00
Investor 285 €0.00
Totals €27,881.66

Latest comments

Hey Lande-Team, timer ran out, any update on loan please?
Investor
23.11.2022
Hello, at the moment borrower is 17 days late for November payment. We wait up to 30 days for late payments until we can publish any new updates about payments.
LANDE
24.11.2022
Heya Lande-Team, it is over a month now, do you have an update? Thanks
Investor
10.12.2022
Indeed an update would be appreciated….
Investor
11.12.2022
Hello, the borrower has contacted with us to let us know that the late payment will be made after 10.12.2022 and the loan will be paid back.
LANDE
12.12.2022
Hello, what does “after 10.12.2022” mean? there is no value in this information! We need a statement: “not later then”! Best regards
Investor
16.12.2022
Any new's please ?
Investor
19.12.2022
Hello, what's wrong with LANDE this end of 2022? Any update of your borrower? Thank you.
Investor
23.12.2022
Hello! Any news?
Investor
04.01.2023
Hello, when will we see our money?
Investor
10.01.2023
Update on this please.
Investor
17.01.2023
Pls Update
Investor
18.01.2023
Hello, news please!
Investor
20.01.2023
I wonder what is going on at LANDE lately...many late loans, no updates at all... Seems like after their crowdfunding they all went to long vacation trip 8'p
Investor
10.02.2023
Hello, give a date when the loan will be paid off. Lande be more communicative with investors they deserve it.
Investor
21.02.2023
In order not to lose confidence in Lande, please respond to previous questions and give an update on the status of this loan.
Investor
27.02.2023
Hello, any update!
Investor
02.03.2023
Hello, from my modest experience of working with P2P platforms, the work of the support is of great importance for P2P. I expect the support to work soon for the benefit of investors. I'm a bit underwhelmed by his work so far. The support information must be ''Accurate'' ''Clear'' and ''Specific'' anything else is blah blah... Good luck!
Investor
04.03.2023
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