Funding for VÎNCA AGRILACT SRL
FG
RO

Annual return 10%

Term 24m

LTV 42%

Funding for VÎNCA AGRILACT SRL

€ 22200.00

€ 15412.69

Raised of € 22200.00


Summer Cash Back Campaign
  • Invest €500+ and receive 0.5% cashback
  • Invest €1,000+ and receive 1% cashback
  • Invest €5,000+ and receive 2% cashback

* investment should be made in single project

Loan

  • Amount € 22200.00
  • Interest rate 10%
  • Term 24m
  • Collateral type Machinery
  • LTV 42%

Description

This project gives LANDE investors an opportunity to provide funding in the amount of € 22 200 for a farming company VÎNCA AGRILACT SRL to receive loan for farm development.

The annual interest rate of 10%, LTV of 42%, loan term is 24 months. 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 crop farming growing wheat, maize, sunflower as well as managing 404.2 ha of agricultural land. Financial results in 2022 were: revenue € 480 856, profit € 129 851. 

To secure the repayment of the loan, the borrower is pledging 4 farming machinery: 

1. Spreader
Brand: KOTTE
Model: V11000
Year: 2018
Serial Number: W09V111127RKA7134

2. Spreader
Brand: CHIODA
Model: CD140 SPH156RO
Year: 2017

3. KUHN OPTIMER+ 353 Harrow
Serial Number: M0721
Part Number: EX3011
Manufacture Date: 06.02.2019

4. KUHN MAXIMA 3 TS Seeder
No.: M0029
Part Number: EX6540

The current market value of all pledged machinery is estimated to be € 53 000.

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

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

Documents

  • Machinery evaluation
  • Machinery evaluation
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 11.07.2024 € 790.98 € 185.00 € 975.98
2 11.08.2024 € 801.53 € 178.40 € 979.93
3 11.09.2024 € 812.21 € 171.73 € 983.94
4 11.10.2024 € 823.04 € 164.96 € 988.00
5 11.11.2024 € 834.02 € 158.10 € 992.12
6 11.12.2024 € 845.14 € 151.15 € 996.29
7 11.01.2025 € 856.41 € 144.10 € 1000.51
8 11.02.2025 € 867.82 € 136.97 € 1004.79
9 11.03.2025 € 879.40 € 129.73 € 1009.13
10 11.04.2025 € 891.12 € 122.41 € 1013.53
11 11.05.2025 € 903.00 € 114.98 € 1017.98
12 11.06.2025 € 915.04 € 107.46 € 1022.50
13 11.07.2025 € 927.24 € 99.83 € 1027.07
14 11.08.2025 € 939.61 € 92.10 € 1031.71
15 11.09.2025 € 952.13 € 84.28 € 1036.41
16 11.10.2025 € 964.83 € 76.34 € 1041.17
17 11.11.2025 € 977.69 € 68.30 € 1045.99
18 11.12.2025 € 990.73 € 60.15 € 1050.88
19 11.01.2026 € 1003.94 € 51.90 € 1055.84
20 11.02.2026 € 1017.33 € 43.53 € 1060.86
21 11.03.2026 € 1030.89 € 35.05 € 1065.94
22 11.04.2026 € 1044.63 € 26.46 € 1071.09
23 11.05.2026 € 1058.56 € 17.76 € 1076.32
24 11.06.2026 € 1072.71 € 8.93 € 1081.64

Borrower

  • Country Romania, RO

Collateral

  • Country Romania, RO
  • Collateral type Machinery
  • Collateral value € 53000.00
  • LTV 42%

Investment Breakdown

Investor Amount
Investor 1 € 50.00
Investor 2 € 100.00
Investor 3 € 50.00
Investor 4 € 100.00
Investor 5 € 50.00
Investor 6 € 50.00
Investor 7 € 100.00
Investor 8 € 250.00
Investor 9 € 50.00
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 € 250.00
Investor 20 € 250.00
Investor 21 € 50.00
Investor 22 € 200.00
Investor 23 € 50.00
Investor 24 € 50.00
Investor 25 € 50.00
Investor 26 € 50.00
Investor 27 € 50.00
Investor 28 € 100.00
Investor 29 € 50.00
Investor 30 € 50.00
Investor 31 € 50.00
Investor 32 € 250.00
Investor 33 € 50.00
Investor 34 € 50.00
Investor 35 € 50.00
Investor 36 € 50.00
Investor 37 € 50.00
Investor 38 € 50.00
Investor 39 € 100.00
Investor 40 € 100.00
Investor 41 € 50.00
Investor 42 € 250.00
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 € 1000.00
Investor 53 € 1000.00
Investor 54 € 50.00
Investor 55 € 50.00
Investor 56 € 100.00
Investor 57 € 82.92
Investor 58 € 100.00
Investor 59 € 50.00
Investor 60 € 200.00
Investor 61 € 50.00
Investor 62 € 55.00
Investor 63 € 50.00
Investor 64 € 150.00
Investor 65 € 50.00
Investor 66 € 50.00
Investor 67 € 75.00
Investor 68 € 800.00
Investor 69 € 50.00
Investor 70 € 100.00
Investor 71 € 50.00
Investor 72 € 50.00
Investor 73 € 50.00
Investor 74 € 1000.00
Investor 75 € 50.00
Investor 76 € 50.00
Investor 77 € 100.00
Investor 78 € 50.00
Investor 79 € 100.00
Investor 80 € 50.00
Investor 81 € 50.00
Investor 82 € 51.00
Investor 83 € 50.00
Investor 84 € 100.00
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 € 200.00
Investor 92 € 50.00
Investor 93 € 100.00
Investor 94 € 50.00
Investor 95 € 50.00
Investor 96 € 50.00
Investor 97 € 50.00
Investor 98 € 50.00
Investor 99 € 100.00
Investor 100 € 1100.00
Investor 101 € 100.00
Investor 102 € 50.00
Investor 103 € 50.00
Investor 104 € 50.00
Investor 105 € 50.00
Investor 106 € 50.00
Investor 107 € 50.00
Investor 108 € 50.00
Investor 109 € 59.77
Investor 110 € 52.00
Investor 111 € 50.00
Investor 112 € 50.00
Investor 113 € 50.00
Investor 114 € 75.00
Investor 115 € 100.00
Investor 116 € 250.00
Investor 117 € 50.00
Investor 118 € 50.00
Investor 119 € 50.00
Investor 120 € 100.00
Investor 121 € 60.00
Investor 122 € 52.00
Investor 123 € 50.00
Investor 124 € 50.00
Investor 125 € 50.00
Investor 126 € 50.00
Investor 127 € 100.00
Investor 128 € 50.00
Investor 129 € 100.00
Investor 130 € 100.00
Investor 131 € 50.00
Investor 132 € 1050.00
Investor 133 € 50.00
Investor 134 € 50.00
Investor 135 € 200.00
Totals € 15412.69