Status
100%
financed
Share
 crowdfunding opportunity project pitch by CrowdEstate){kind=link}
Funding data (12 March 2019)
Raised
EUR
235,000.00
Min. Goal
EUR
235,000.00
Min. investment
EUR
100.00
Details
Country
Estonia
Type
N/ASecured debt
End date
12 March 2019
(2695 days)
Total yield
16.02%
Annual yield
16.02%
Duration/Maturity
12 months
investors
936
Description
“In the framework of this project, Crowdestate offers investors to participate in the second funding round for Viru Halud OÜ. The aim of this project is to receive EUR 235 000 capital from investors, of which 204 000 euros will be spent on raw materials and 32 000 euros on investments. The loan term is 12 months with the annual interest rate of 15% and the expected rate of return 16. 02% per annum. This investment opportunity pays monthly interest and the principal will be paid at the maturity. This project is secured by the board member's personal guarantee as well as commercial pledges on the company's property in the amount of EUR 370 000.”