Funding for refinancing loans
FG

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Funding for refinancing loans

€6,250.00

Make investment

€6,250.00

Raised of €6,250.00

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Loan

  • Amount €6,250.00
  • Interest rate 10%
  • Term 31m
  • Collateral type Financial
  • LTV 49%

Description

This project gives LANDE investors an opportunity to provide funding in the amount of € 6 250 for self employed farmer Motužienė Auksė, in order to receive funds for refinancing all active loans.

This project gives an opportunity to make a loan with an annual rate of 10%, LTV of 49%, loan term of 31 months, with a monthly manner of interest payments and final payment of the remaining loan amount.

Financial results for Motužienė Auksė in 2021 were: net profits €25 493.83.

In order to secure the repayment of the loan, the borrower has concluded an agreement of 15 cattle animals, milk cows and meat bulls. The avarage cost of cow or bull in Lithuania is €850, making the total value of collateral to €12 750. First-hand commercial pledge on all borrower’s assets will be registered in the Lithuanian Enterprise Register in the amount of € 12 500.

The borrower aims to repay the loan from incoming business revenues.

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 25.10.2022 €0.00 €52.08 €52.08
2 25.11.2022 €0.00 €52.08 €52.08
3 25.12.2022 €0.00 €52.08 €52.08
4 25.01.2023 €0.00 €52.08 €52.08
5 25.02.2023 €0.00 €52.08 €52.08
6 25.03.2023 €0.00 €52.08 €52.08
7 25.04.2023 €0.00 €52.08 €52.08
8 25.05.2023 €0.00 €52.08 €52.08
9 25.06.2023 €0.00 €52.08 €52.08
10 25.07.2023 €0.00 €52.08 €52.08
11 25.08.2023 €0.00 €52.08 €52.08
12 25.09.2023 €0.00 €52.08 €52.08
13 25.10.2023 €0.00 €52.08 €52.08
14 25.11.2023 €0.00 €52.08 €52.08
15 25.12.2023 €0.00 €52.08 €52.08
16 25.01.2024 €0.00 €52.08 €52.08
17 25.02.2024 €0.00 €52.08 €52.08
18 25.03.2024 €0.00 €52.08 €52.08
19 25.04.2024 €0.00 €52.08 €52.08
20 25.05.2024 €0.00 €52.08 €52.08
21 25.06.2024 €0.00 €52.08 €52.08
22 25.07.2024 €0.00 €52.08 €52.08
23 25.08.2024 €0.00 €52.08 €52.08
24 25.09.2024 €0.00 €52.08 €52.08
25 25.10.2024 €0.00 €52.08 €52.08
26 25.11.2024 €0.00 €52.08 €52.08
27 25.12.2024 €0.00 €52.08 €52.08
28 25.01.2025 €0.00 €52.08 €52.08
29 25.02.2025 €0.00 €52.08 €52.08
30 25.03.2025 €0.00 €52.08 €52.08
31 25.04.2025 €0.00 €52.08 €52.08
32 26.04.2025 €6,250.00 €0.00 €6,250.00

Borrower

  • Country Lithuania, LT

Collateral

  • Country Lithuania, LT
  • Collateral type Financial
  • Collateral value €12,750.00
  • LTV 49%

Investment Breakdown

Investor Amount
Investor 1 €100.00
Investor 2 €50.00
Investor 3 €50.00
Investor 4 €50.00
Investor 5 €50.00
Investor 6 €50.00
Investor 7 €100.00
Investor 8 €50.00
Investor 9 €100.00
Investor 10 €50.00
Investor 11 €50.00
Investor 12 €50.00
Investor 13 €50.00
Investor 14 €50.00
Investor 15 €50.00
Investor 16 €50.00
Investor 17 €50.00
Investor 18 €50.00
Investor 19 €50.00
Investor 20 €50.00
Investor 21 €50.00
Investor 22 €100.00
Investor 23 €100.00
Investor 24 €50.00
Investor 25 €100.00
Investor 26 €50.00
Investor 27 €50.00
Investor 28 €50.00
Investor 29 €0.00
Investor 30 €50.00
Investor 31 €50.00
Investor 32 €50.00
Investor 33 €100.00
Investor 34 €50.00
Investor 35 €50.00
Investor 36 €50.00
Investor 37 €50.00
Investor 38 €50.00
Investor 39 €50.00
Investor 40 €50.00
Investor 41 €50.00
Investor 42 €50.00
Investor 43 €100.00
Investor 44 €50.00
Investor 45 €75.00
Investor 46 €50.00
Investor 47 €50.00
Investor 48 €50.00
Investor 49 €50.00
Investor 50 €50.00
Investor 51 €50.00
Investor 52 €50.00
Investor 53 €50.00
Investor 54 €50.00
Investor 55 €100.00
Investor 56 €75.00
Investor 57 €50.00
Investor 58 €0.00
Investor 59 €50.00
Investor 60 €50.00
Investor 61 €50.00
Investor 62 €50.00
Investor 63 €50.00
Investor 64 €50.00
Investor 65 €50.00
Investor 66 €50.00
Investor 67 €50.00
Investor 68 €50.00
Investor 69 €50.00
Investor 70 €50.00
Investor 71 €50.00
Investor 72 €50.00
Investor 73 €50.00
Investor 74 €50.00
Investor 75 €50.00
Investor 76 €50.00
Investor 77 €50.00
Investor 78 €50.00
Investor 79 €50.00
Investor 80 €50.00
Investor 81 €50.00
Investor 82 €50.00
Investor 83 €50.00
Investor 84 €50.00
Investor 85 €50.00
Investor 86 €50.00
Investor 87 €50.00
Investor 88 €50.00
Investor 89 €50.00
Investor 90 €50.00
Investor 91 €50.00
Investor 92 €50.00
Investor 93 €50.00
Investor 94 €50.00
Investor 95 €50.00
Investor 96 €50.00
Investor 97 €100.00
Investor 98 €50.00
Investor 99 €800.00
Totals €6,250.00
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