Funding for SIA "MUIŽARĀJI-MA" II
FG

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Funding for SIA "MUIŽARĀJI-MA" II

€10,950.00

Make investment

€10,950.00

Raised of €10,950.00

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Loan

  • Amount €10,950.00
  • Interest rate 11%
  • Term 24m
  • Collateral type Livestock
  • LTV 17%

Description

This project gives LANDE investors an opportunity to provide funding in the amount of €10 950 for farming company SIA "MUIŽARĀJI-MA" (45101009598), to receive loan for purchase of land. 

This project gives an opportunity to make a loan with an annual rate of 11 %, LTV of 17%, a loan term of 24 months, with a monthly manner of interest payments and full repayment of the principal at the end of the loan term.

Financial results for SIA "MUIŽARĀJI-MA" in 2021 was : net turnover €39 078 and net profits €15 261.

In order to secure the repayment of the loan, the borrower has concluded an agreement of 77 milk cows. The average cost of a cow in Latvia is €850, making the total value of collateral to €65 450. First-hand commercial pledge on all borrower’s assets will be registered in the Latvian Enterprise Register in the amount of €21 900.

The borrower is a recipient of support payments from the European Agricultural Guarantee Fund and the 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

  • Market review
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 10.01.2023 €0.00 €100.37 €100.37 Icon check Paid
2 10.02.2023 €0.00 €100.37 €100.37
3 10.03.2023 €0.00 €100.37 €100.37
4 10.04.2023 €0.00 €100.37 €100.37
5 10.05.2023 €0.00 €100.37 €100.37
6 10.06.2023 €0.00 €100.37 €100.37
7 10.07.2023 €0.00 €100.37 €100.37
8 10.08.2023 €0.00 €100.37 €100.37
9 10.09.2023 €0.00 €100.37 €100.37
10 10.10.2023 €0.00 €100.37 €100.37
11 10.11.2023 €0.00 €100.37 €100.37
12 10.12.2023 €0.00 €100.37 €100.37
13 10.01.2024 €0.00 €100.37 €100.37
14 10.02.2024 €0.00 €100.37 €100.37
15 10.03.2024 €0.00 €100.37 €100.37
16 10.04.2024 €0.00 €100.37 €100.37
17 10.05.2024 €0.00 €100.37 €100.37
18 10.06.2024 €0.00 €100.37 €100.37
19 10.07.2024 €0.00 €100.37 €100.37
20 10.08.2024 €0.00 €100.37 €100.37
21 10.09.2024 €0.00 €100.37 €100.37
22 10.10.2024 €0.00 €100.37 €100.37
23 10.11.2024 €0.00 €100.37 €100.37
24 10.12.2024 €10,950.00 €100.37 €11,050.37

Borrower

  • Country Latvia, LV

Collateral

  • Country Latvia, LV
  • Collateral type Livestock
  • Collateral value €65,450.00
  • LTV 17%

Investment Breakdown

Investor Amount
Anchor investments €5.05
Investor 1 €0.00
Investor 2 €50.00
Investor 3 €50.00
Investor 4 €50.00
Investor 5 €50.00
Investor 6 €50.00
Investor 7 €250.00
Investor 8 €70.00
Investor 9 €50.00
Investor 10 €50.00
Investor 11 €250.00
Investor 12 €50.00
Investor 13 €50.00
Investor 14 €50.00
Investor 15 €250.00
Investor 16 €0.50
Investor 17 €50.00
Investor 18 €55.00
Investor 19 €100.00
Investor 20 €50.00
Investor 21 €50.00
Investor 22 €100.00
Investor 23 €50.00
Investor 24 €50.00
Investor 25 €50.00
Investor 26 €50.00
Investor 27 €50.00
Investor 28 €50.00
Investor 29 €50.00
Investor 30 €500.00
Investor 31 €100.00
Investor 32 €50.00
Investor 33 €50.00
Investor 34 €50.00
Investor 35 €50.00
Investor 36 €25.00
Investor 37 €50.00
Investor 38 €50.00
Investor 39 €180.00
Investor 40 €50.00
Investor 41 €250.00
Investor 42 €50.00
Investor 43 €50.00
Investor 44 €50.00
Investor 45 €50.00
Investor 46 €50.00
Investor 47 €250.00
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 €50.00
Investor 56 €50.00
Investor 57 €50.00
Investor 58 €50.00
Investor 59 €50.00
Investor 60 €75.00
Investor 61 €50.00
Investor 62 €50.00
Investor 63 €250.00
Investor 64 €50.00
Investor 65 €100.00
Investor 66 €50.00
Investor 67 €50.00
Investor 68 €50.00
Investor 69 €50.00
Investor 70 €250.00
Investor 71 €50.00
Investor 72 €0.00
Investor 73 €50.00
Investor 74 €50.00
Investor 75 €50.00
Investor 76 €200.00
Investor 77 €250.00
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 €250.00
Investor 86 €50.00
Investor 87 €50.00
Investor 88 €50.00
Investor 89 €250.00
Investor 90 €50.00
Investor 91 €250.00
Investor 92 €50.00
Investor 93 €500.00
Investor 94 €50.00
Investor 95 €50.00
Investor 96 €250.00
Investor 97 €50.00
Investor 98 €50.00
Investor 99 €250.00
Investor 100 €50.00
Investor 101 €50.00
Investor 102 €50.00
Investor 103 €50.00
Investor 104 €50.00
Investor 105 €250.00
Investor 106 €50.00
Investor 107 €1,000.00
Investor 108 €50.00
Investor 109 €5.05
Investor 110 €50.00
Investor 111 €20.00
Investor 112 €25.00
Investor 113 €104.00
Investor 114 €5.00
Investor 115 €30.00
Investor 116 €61.20
Investor 117 €49.80
Totals €10,950.00
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