Agricultural loan for new farmer
FG

Icon check Project is fully funded

Agricultural loan for new farmer

€15,500.00

Investēt

€15,500.00

Raised of €15,500.00

Icon check Project is fully funded

Dokumenti

  • Market review
Lūdzu pieslēdzieties lai redzētu dokumentu sarakstu.

Kredīts

  • Summa €15,500.00
  • Procentu ieņēmumi 10%
  • Termiņš 24m
  • LTV 50%

Apraksts

This project provides LendSecured investors with an opportunity to finance an agricultural loan in the amount of € 15 500 secured by a first-rank mortgage on the real estate “Sūdes strautmaļi”, located in Dundegas parish, Talsu region.

This project gives an opportunity to make a loan with an annual rate of 10%, LTV of 50%, a loan term of 24 months, with a monthly manner of interest and principal payments.

The collateral consists of a Farmhouse and 3.8ha of agricultural land. In order to secure the claims, arising out of loan agreements, a first-hand mortgage in the amount of € 31000 is registered on the collateral in the Land Register of Latvia. Aside from the mortgage, the collateral is debt-free.

The current market value of the collateral estimated by a certified appraiser is € 30 900 subsequently making a loan to collateral value ratio (LTV) - 50%. The value of real estate upon a forced sale is estimated at € 21 600 (LTV 72%).

The demand for agricultural land currently in Latvia exceeds supply and 25% of farmers are forced to rent the land, as there is none available on the market. The price of agricultural land plots in the parish of the collateral with an area of up to 20 ha ranges from € 4 000 EUR per ha to € 4 100 per ha.

The borrower is self-employed in the agricultural sector since 2020. The received funds will be used in order to build 3 new greenhouses to expand vegetable growing business
The borrower moved to the ancestor's house due to Covid and started her own agricultural business by growing garlic and other vegetables.

 

Borrower aims to repay the loan from incoming business.

Grafiks

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.
# Datums Pamtsumma Procentu ieņēmumi Kopā Statuss
1 10.03.2022 €170.26 €129.16 €299.42 Icon check Paid
2 10.04.2022 €172.53 €127.75 €300.28 Icon check Paid
3 10.05.2022 €174.83 €126.31 €301.14 Icon check Paid
4 10.06.2022 €177.16 €124.85 €302.01 Icon check Paid
5 10.07.2022 €179.53 €123.37 €302.90
6 10.08.2022 €181.92 €121.88 €303.80
7 10.09.2022 €184.35 €120.36 €304.71
8 10.10.2022 €186.80 €118.83 €305.63
9 10.11.2022 €189.30 €117.26 €306.56
10 10.12.2022 €191.82 €115.69 €307.51
11 10.01.2023 €194.38 €114.09 €308.47
12 10.02.2023 €196.97 €112.47 €309.44
13 10.03.2023 €199.59 €110.83 €310.42
14 10.04.2023 €202.26 €109.16 €311.42
15 10.05.2023 €204.95 €107.48 €312.43
16 10.06.2023 €207.69 €105.77 €313.46
17 10.07.2023 €210.45 €104.05 €314.50
18 10.08.2023 €213.26 €102.29 €315.55
19 10.09.2023 €216.10 €100.51 €316.61
20 10.10.2023 €218.99 €98.71 €317.70
21 10.11.2023 €221.91 €96.88 €318.79
22 10.12.2023 €224.86 €95.04 €319.90
23 10.01.2024 €227.86 €93.16 €321.02
24 10.02.2024 €230.90 €91.26 €322.16
25 10.02.2024 €10,721.33 €0.00 €10,721.33

Aizņēmējs

  • Valsts Latvia, LV

Nodrošinājums

  • Valsts Latvia, LV
  • Collateral type Māja
  • Collateral value €30,900.00
  • LTV 50%

Saņemtās investīcijas

Investors Summa
Enkura investora ieguldījumi €1,131.42
Investors 1 €47.78
Investors 2 €47.78
Investors 3 €47.78
Investors 4 €95.54
Investors 5 €47.78
Investors 6 €95.54
Investors 7 €47.78
Investors 8 €47.78
Investors 9 €95.54
Investors 10 €47.78
Investors 11 €477.61
Investors 12 €47.78
Investors 13 €65.94
Investors 14 €47.78
Investors 15 €47.78
Investors 16 €95.54
Investors 17 €47.78
Investors 18 €47.78
Investors 19 €47.78
Investors 20 €955.20
Investors 21 €47.78
Investors 22 €955.20
Investors 23 €47.78
Investors 24 €47.78
Investors 25 €47.78
Investors 26 €238.82
Investors 27 €47.78
Investors 28 €47.78
Investors 29 €71.66
Investors 30 €47.78
Investors 31 €47.78
Investors 32 €47.78
Investors 33 €47.78
Investors 34 €47.78
Investors 35 €95.54
Investors 36 €393.56
Investors 37 €95.54
Investors 38 €955.20
Investors 39 €47.78
Investors 40 €47.78
Investors 41 €47.78
Investors 42 €47.78
Investors 43 €0.00
Investors 44 €47.78
Investors 45 €47.78
Investors 46 €47.78
Investors 47 €47.78
Investors 48 €95.54
Investors 49 €49.04
Investors 50 €95.54
Investors 51 €95.54
Investors 52 €95.54
Investors 53 €478.56
Investors 54 €47.78
Investors 55 €964.74
Investors 56 €95.54
Investors 57 €57.34
Investors 58 €47.78
Investors 59 €47.78
Investors 60 €47.78
Investors 61 €47.78
Investors 62 €47.78
Investors 63 €47.78
Investors 64 €47.78
Investors 65 €47.78
Investors 66 €47.78
Investors 67 €191.06
Investors 68 €95.54
Investors 69 €47.78
Investors 70 €47.78
Investors 71 €47.78
Investors 72 €47.78
Investors 73 €860.20
Investors 74 €238.82
Investors 75 -€0.28
Investors 76 €264.82
Investors 77 -€13.06
Investors 78 €158.58
Investors 79 €57.34
Investors 80 €47.78
Investors 81 €95.54
Investors 82 €477.61
Investors 83 €47.78
Investors 84 €955.20
Investors 85 €0.00
Investors 86 €47.78
Investors 87 €12.05
Investors 88 €23.90
Investors 89 €9.57
Investors 90 €47.78
Investors 91 €38.23
Investors 92 €47.78
Investors 93 €47.78
Investors 94 €43.00
Investors 95 €47.78
Investors 96 €47.78
Investors 97 €19.13
Investors 98 €95.54
Investors 99 €23.90
Investors 100 €23.90
Investors 101 €4.85
Investors 102 €9.67
Investors 103 €9.67
Investors 104 €86.51
Investors 105 €11.82
Investors 106 €48.30
Investors 107 €4.85
Investors 108 €98.66
Investors 109 €97.69
Investors 110 €48.85
Investors 111 €48.85
Investors 112 €48.85
Investors 113 €24.71
Investors 114 €9.89
Investors 115 €29.65
Investors 116 €49.41
Investors 117 €6.40
Investors 118 €19.77
Investors 119 €49.41
Investors 120 €129.46
Investors 121 €148.23
Investors 122 €13.20
Investors 123 €49.41
Investors 124 €8.45
Investors 125 €51.39
Investors 126 €19.77
Investors 127 €47.78
Investors 128 €49.41
Investors 129 €20.76
Investors 130 €24.71
Investors 131 €14.83
Investors 132 €66.21
Investors 133 €49.41
Investors 134 €49.41
Totals €15,500.00
To leave a comments you will need to log in.

Invest in agricultural projects