AgroCredit

Last Updated: 30.04.2020. Date when the basic information was updated
AgroCredit
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 50 M
Loan portfolio Loans issued by the lending company to borrowers 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 of a lending company group to the investor for a particular investment opportunity. 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 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.
0%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
Founded: The year the company was founded.
2011
Employees:
5
Joined Mintos:
Aug 2016
Outstanding investments: Total volume of outstanding 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