You're reading the March 2025 edition of LANDE's Platform Performance Report, which we publish monthly to highlight our progress in loan issuance and debt collection and provide insight into other platform or team developments. 

The total amount farmers borrowed through the LANDE platform across our three markets in March 2025 was €1,283,537 across 42 projects (avg. project value €30,560). The breakdown by country is as follows:  

The share of loans issued in March that were backed by either land/property or machinery in each market was the following: Romania 100%; Lithuania 100%; Latvia 93%.  

111 new investors registered on the LANDE Platform in March. 

LANDE investors earned a total of €116,640 in interest in March, with the all-time total having now reached €2.8 million. 

The Investor Relations team reported a stable number of customer support tickets submitted in March compared to the previous month, with no significant issues generating high ticket volumes. 

The IT team has been focused on optimizing performance and enhancing security, ensuring a faster and more reliable platform for investors. Recent upgrades to servers, caching, and database queries have improved connection speeds by nearly 50%. Additionally, the team has refined auto-invest, improved notifications, and resolved Google login issues. Work is also underway to expand automated testing and prepare for a major system framework upgrade, keeping LANDE efficient and secure for the future. 

The 3% cashback campaign continues!  

New investors get 3% back on all investments they make on the Primary Market in the first 30 days on the platform using this link. Additionally, all investors will get a 1% referral bonus for recommending our platform to a friend using the unique referral link on their dashboards (bonus applies to the investments made by the referred user in the first 30 days). 

Loan repayment statistics  

At the end of March there were 1,413 projects funded through the LANDE platform, of which 730 had been repaid in full while 683 were active, with their repayment status detailed below (+comparison with previous month): 

Loans with collateral consisting of livestock and harvest hold the highest shares of 90+ day delays, which is why we have been moving away from these collateral categories and focusing more on securing projects backed by land and/or machinery. 

Repaid principal totalled €935,024 in March, while the all-time total has reached €16.65 million.  

More real-time portfolio data can be found on our statistics page.  

Debt collection stages 

Below is a breakdown of debt collection stages for delayed loans. Most of the 90+ loans are already in the enforcement phase with bailiffs engaged in recovering the value of the collateral. 

Details about debt collection stages can be found here.  

Market highlights 

Latvia: 
In March, the LANDE Latvia team issued 183,000 EUR to 9 new clients, along with 770,000 EUR to existing clients. 336,000 EUR were restructured to a borrower that was late for more than 90 days (Eko Burkans SIA, Bio Vārpa SIA, Raibais Asaris SIA) - the client has provided additional pledges, while other family members and companies related to the borrower also participated in the deal, thus securing more borrowers. Huge progress has been made in the Debt Collection department, where we have sold some machineries to Poland. There are several signed notary agreements as well with the clients that won't be restructured, making the debt collection process faster and easier.

We are happy to see that more and more new clients have shown interest for working capital or machinery purchases while the season just has started. 

Romania:  

In March, farmers in Romania began preparations for the active agricultural season. As temperatures rise, they start working the soil, applying fertilizers, and getting ready for spring sowing. This seasonal transition drives an increased demand for working capital, especially for input purchases (seeds, pesticides, fertilizers) and machinery repairs. 

At LANDE, staying closely connected to real-time activity in the field is essential. To strengthen our on-the-ground presence and improve client monitoring, we have expanded collaborations with local agents and signed several new agreements. Strategically, this move allows us to monitor clients more efficiently across every county in Romania, enhancing both risk management and response times.  

We’re proud to share that LANDE was nominated for "Most Innovative Fintech Project" in the 2025 RoFintech Awards - a recognition of our mission to fuse technology with tangible impact in agriculture. 

Internally, we signed an agreement with a new team member in the legal and debt recovery department. The main goals are to increase efficiency in debt collection, strengthen the overall team, and speed up work with new clients—such as registering pledges and verifying documentation. 

Lithuania:  

In March, we observed the return of existing customers who have had cooperation with LANDE in the Lithuanian market, as well as an increase in the customer portfolio with new customers. Loans are mostly taken out for working capital at the start of the new season as well as for the purchase of new equipment. Most customers pledge land, which provides security for our investors. Demand is stable. As a result of the fact that in March and April farmers have been receiving support from the national agricultural support agency, we have also been seeing improvements in the debt collection process, including transfers from bailiffs.