Construction and development of greenhouses complex?

Construction and development of greenhouses complex?

Greenhauses purchase and working equipment

Loan ID 344

Target: 200,000

Loan type: Business

Interest rate: 12% p.a.

Term: 24 months

Location: Latvia

Interest payments: Paid every month

Collateral type: Land and greenhouses

LTW: 65%

Skin in the game: 20%

Project cost: 240,000€

Security: Pledge on equipment, land

Country: Latvia
Loan ID: 344
Loan originator: Zs Kazeri
Collateral type: Land 2 hectars and greenhouses, equipment
Loan type: Business
Interest rate p.a.: 12%
Term: 24 months
NEEDED AMOUNT From investors: 200,000€
Project cost: € 240,000
Borrowers skin in the game(down-payment): 20% -40,000€
Loan purpose: To buy a new greenhauses, equipment, plants
Collateral: Land and greenhouses, equipment
Pledged collateral amount: 240,000€
Schedule: Interest payments will be paid every month, principal payments will be split on half, and will be paid every 12 months.
Dear investors we offer to invest in business what is sustainable in Latvia and makes profit. Company which needs investment are offering their services with heavy machinery in Latvia forests, they are carrying out timber like all kinds of pulpwood, lumber and branches for woodchip and they are cutting forest with heavy machinery too.  Needed amount of loan is 200,000 euros, interest rate per annum is 12% and loan will be repaid in 24 months. Interest payments will be paid every month and principal payments will be paid in 12 th and 24 th month of loan.
This loan is backed by  pledges of greenhouses, and land of 2 hectares in Cesis district. Loan originator is paying down payment of 20 % for this project.  The current market value of the pledged things is estimated to be 240,000€. The borrower will repay the loan from incoming business revenue. Loan originator allready have a 4 greenhouses and business in going well so there is need to expand the agricultural business.
The borrower will repay the loan from incoming business revenue and subsidy from Latvia rural department. Borrower company name is Zs Kazeri, registration number is 49501000919, address is Cesis district, LV-4116, Latvia , company is registered in 1991 year with already full 32 years of experience in forestry, renewable energy and agriculture production and services.

Loan originator ”Zs Kazeri” is a company what is founded in 1991. year, registration number is 49501000919, this company have a 32 year experience in forestry sector, renewable energy and agriculture, in company works about 50 employees. 

Zs Kazeri is a family company what were owned by Viesturs Pogulis who is Livonia platform CEO and founder dad, but he gave this company as legacy in 2015. year to Didzis Pogulis who is Livonia platform CEO and founder. 

Zs Kazeri offers services in forestry, energy, production of wood products and buying and selling of forest products for a commission, such as buying, selling, producing and removing timber logs from the forest, felling forests and transporting pulpwood and other timber with timber (trucks) timber to the Latvian sea ports in the cities of Riga, Skulte, Mērsrag, Liepāja, buying forestry products from natural and legal persons and then reselling them to Sweden and Finland.

Company also operates in the agricultural sector and grows many crops, buys land and forests to expand land portfolio in Latvia. Currently, the average interest rate for investors is 12.5% and can reach up to 16% per year when issuing loans with a term of 6 months to 36 months.

All loans issued by loan originator will be secured by collateral, such as a mortgage on land or a pledge on heavy equipment and a variety of available collateral. Keep in mind that this company boasts a perfect track record as it has never had any outstanding or delinquent loans.

In 2022. year Zs Kazeri had 4.2 million euros profit before tax.

Zs Kazeri has a plan to become the largest forest producer in Latvia by 2030 and to export pellets, round timber, and briquettes, increasing the turnover to 700 million euros. To achieve this, it is necessary to increase the capacity, purchase machinery for forest development and build 3 pellet factories. Among the Baltic States, Latvia is the most covered with forests, which accounts for 50% of the entire country’s territory, so these goals are achievable and this will also increase Europe’s independence in terms of energy resources. Zs Kazeri has plans to increase the managed forest and agricultural area every year in order to achieve a stable export flow of forest products, and it would not be necessary to rely so much on private forest owners, who are the cornerstone at present, in order to grow the turnover of forest products.
Because of war in Ukraine the prices for energy is raised up and will continue to be steadily up that why energy business will be sustainable for long time now.
The European Union (EU) has set a goal for renewable energy through the Renewable Energy Directive (2009/28/EC). This directive outlines a comprehensive policy to encourage the production and use of energy from renewable sources within EU member countries. The EU aims to generate at least 20% of its total energy from renewables by 2020, with individual countries having specific targets to contribute to this overall goal. Additionally, all EU nations must ensure that at least 10% of their transport fuels are derived from renewable sources by the same deadline.
In December 2018, a revised version of this directive, known as 2018/2001/EU, came into effect as part of the Clean Energy for All Europeans package. This update is designed to maintain the EU’s leadership in renewable energy and, more broadly, support the EU in meeting its emissions reduction commitments under the Paris Agreement. You can find more details about this on the official EU website: https://ec.europa.eu/energy/en/topics/renewable-energy/renewable-energy-directive.
Latvian forests are mostly made up of conifers, however, other species also occupy a significant part. Conifer stands are 53% of all forest stands, birch stands – 30%, white alder – 7% and aspen – 7%.
The forest of 2023 in Latvia occupies an area of ​​3.1 million hectares (ha), or 52% of the land area, the report of the State Forestry Service for the year 2018. In just ten years, the forest area in the country has increased.
The territory of Latvia is 6.46 million hectares (ha), of which 3.35 million ha are forest lands (forest occupies 3.04 million ha). In comparison with other European countries, because in Europe the forest occupies an average of 33% of the land area, while in Latvia the forest land occupies 52%.
1.49 million ha (49%) of forest are under state management, forests of other managers make up 1.55 million ha (51%).
The service states that the annual report for the year 1923, when forest cover in Latvia was 23% of the total territory, by 2018 it has more than doubled. A small, gradual increase in forest areas can also be seen over the past ten years.
In 2008, there were 2.96 million hectares of forests in Latvia, or 50.2% of the entire country’s territory, but last year they were 52%.
Zs Kazeri financial statement of 2022
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