Funding for JAUNNUĶI Valmieras rajona Sēļu pagasta zemnieku saimniecība
FG
RO

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Funding for JAUNNUĶI Valmieras rajona Sēļu pagasta zemnieku saimniecība

€ 5950.00

Make investment

€ 5950.00

Raised of € 5950.00

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Loan

  • Amount € 5950.00
  • Interest rate 10%
  • Term 24m
  • Collateral type Livestock
  • LTV 35%

Description

This project gives LANDE investors an opportunity to provide funding in the amount of € 5 950 for company JAUNNUĶI Valmieras rajona Sēļu pagasta zemnieku saimniecība re-finance an exisiting loan for which loan term will be extended by additional 24 months.

The annual interest rate of 10%, LTV of 35%. The total amounts of payments of the Principal amount of the Loan and the interest for the Loan use are equal in all months of the Loan repayment.

The borrower is engaged in animal husbandry, owning 20 livestock animals and managing 29 ha of agricultural land. Financial results for farmer in 2022 were: declared turnover € 66 936.22, profit € 9 087.90.

In order to secure the repayment of the loan, the borrower has concluded an agreement of 20 livestock animals with the registration nr. LV0482240. The average cattle price in Latvia is € 850, making the total value of collateral € 17 000. 

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

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

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 15.03.2024 € 212.00 € 49.58 € 261.58
2 15.04.2024 € 214.82 € 47.81 € 262.63
3 15.05.2024 € 217.69 € 46.02 € 263.71
4 15.06.2024 € 220.59 € 44.21 € 264.80
5 15.07.2024 € 223.53 € 42.37 € 265.90
6 15.08.2024 € 226.51 € 40.51 € 267.02
7 15.09.2024 € 229.53 € 38.62 € 268.15
8 15.10.2024 € 232.59 € 36.71 € 269.30
9 15.11.2024 € 235.69 € 34.77 € 270.46
10 15.12.2024 € 238.84 € 32.80 € 271.64
11 15.01.2025 € 242.02 € 30.81 € 272.83
12 15.02.2025 € 245.25 € 28.80 € 274.05
13 15.03.2025 € 248.52 € 26.75 € 275.27
14 15.04.2025 € 251.83 € 24.68 € 276.51
15 15.05.2025 € 255.19 € 22.58 € 277.77
16 15.06.2025 € 258.59 € 20.46 € 279.05
17 15.07.2025 € 262.04 € 18.30 € 280.34
18 15.08.2025 € 265.53 € 16.12 € 281.65
19 15.09.2025 € 269.07 € 13.91 € 282.98
20 15.10.2025 € 272.66 € 11.66 € 284.32
21 15.11.2025 € 276.30 € 9.39 € 285.69
22 15.12.2025 € 279.98 € 7.09 € 287.07
23 15.01.2026 € 283.71 € 4.76 € 288.47
24 15.02.2026 € 287.52 € 2.39 € 289.91

Borrower

  • Country Latvia, LV

Collateral

  • Country Latvia, LV
  • Collateral type Livestock
  • Collateral value € 17000.00
  • LTV 35%

Investment Breakdown

Investor Amount
Investor 1 € 50.00
Investor 2 € 50.00
Investor 3 € 100.00
Investor 4 € 50.00
Investor 5 € 250.00
Investor 6 € 700.00
Investor 7 € 50.00
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 € 200.00
Investor 18 € 50.00
Investor 19 € 50.00
Investor 20 € 70.00
Investor 21 € 250.00
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 € 50.00
Investor 31 € 50.00
Investor 32 € 300.00
Investor 33 € 400.00
Investor 34 € 50.00
Investor 35 € 250.00
Investor 36 € 60.00
Investor 37 € 250.00
Investor 38 € 50.00
Investor 39 € 50.00
Investor 40 € 50.00
Investor 41 € 50.00
Investor 42 € 50.00
Investor 43 € 50.00
Investor 44 € 50.00
Investor 45 € 50.00
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 € 200.00
Investor 56 € 50.00
Investor 57 € 50.00
Investor 58 € 50.00
Investor 59 € 250.00
Investor 60 € 50.00
Investor 61 € 220.00
Totals € 5950.00