Loan 10116331-01 - Agricultural Loan Latvia

Loan Details

Loan Type Agricultural Loan
Loan Amount € 50 000.00
Remaining Principal € 50 000.00
Effective APR charged to borrowers 13.1%
Interest Rate 6.0%
Initial LTV 104%
LTV 104%
Initial Term 12 m. 23 d.
Remaining Term 39 d.
Amortization Method Interest-only
Listing Date 19.02.2019
Date of Issue 08.10.2018
Closing Date 31.10.2019
Status Current
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Loan Originator Details

Loan Originator
Legal Entity
SIA AgroCredit Latvia

Invest

Available
€ 0.02

This loan comes with a buyback guarantee. The loan will be bought back from investors if it becomes 60 or more days delinquent.

  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    BorrowerCompany
    Loan PurposeWorking Capital
    BorrowerAgricultural
    Business sectorAgriculture
    DescriptionGrain growing
    Registered12.02.2001
    Collateral Grain agreement: 400 t wheat
    Country Latvia
    Valuation€ 48 000
    Personal guarantee No
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    31.03.2019 € 0.00 € 333.33 € 333.33 € 333.33 17.04.2019 Paid after the due date
    31.10.2019 € 50 000.00 € 1 783.33 € 51 783.33 Scheduled
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