AgroCredit

Last Updated: 30.04.2020. Date when the basic information was updated
AgroCredit
Loans Originated Total volume of linked assets issued by this company to borrowers or renters since its founding.
€ 50 M
Loan portfolio Linked assets issued by the lending company to borrowers or renters at the time of the most recent financial statement that are current or less than 60 days late.
€ 8 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
Founded:
2011
Employees:
5
Joined Mintos:
Aug 2016
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
0

About

AgroCredit is a non-bank loan originator that issues Latvian farmers loans secured with grain sale contracts. Farmers use these loans to finance necessary agricultural inputs and other working capital needs.

Last Updated: 14.04.2020

Last Updated: 30.04.2020

Last Updated: 27.04.2020