You're reading the November 2025 edition of LANDE's Platform Performance Report, which we publish monthly to highlight our progress in loan issuance and debt collection and provide insight into other platform or team developments.
The total amount farmers borrowed through the LANDE platform across our three markets in November 2025 was €2,219,347 across 57 projects (avg. project value €38,264). The breakdown by country is as follows:
The share of loans issued in November that were backed by either land/property or machinery in each market was the following: Romania 98%; Lithuania 97%; Latvia 83%.
154 new investors registered on the LANDE Platform in November.
LANDE investors earned a total of €147,463 in interest in November, with the all-time total having now reached €3.87 million.
Bonus opportunities
New investors get 3% cashback on all investments they make on the Primary Market in the first 30 days on the platform using this link.
Additionally, all investors will get a 1% referral bonus for recommending our platform to a friend using the unique referral link on their dashboards (bonus applies to the investments made by the referred user in the first 30 days).
Holiday Portfolio Booster
The special cashback rewards campaign has been extended until the end of the year – December 31! Earn extra cashback on investments across all LANDE markets, as follows:
Invest €500+ → get 0.5% cashback
Invest €1,000+ → get 1% cashback
Invest €5,000+ → get 2% cashback
NOTE: Cashback applies only when the amounts above are invested through a single transaction, on the Primary Market.
Loan repayment statistics
At the end of November there were 1,766 projects funded through the LANDE platform, of which 913 had been repaid in full while 853 were active, with their repayment status detailed below (+comparison with previous month):
Loans with collateral consisting of livestock and harvest hold the highest shares of 90+ day delays, which is why we have been moving away from these collateral categories and focusing more on securing projects backed by land and/or machinery.
Repaid principal totalled €702,566 in November, while the all-time total has reached €21.6 million.
More real-time portfolio data can be found on our statistics page.
Debt collection stages
Below is a breakdown of debt collection stages for delayed loans. Most of the 90+ loans are already in the enforcement phase with bailiffs engaged in recovering the value of the collateral.
Details about debt collection stages can be found here.
Market highlights
Latvia
Projects eligible for submission to a sworn bailiff
During the reporting period, the following projects were eligible for submission to a sworn bailiff in order to initiate the application of all available enforcement measures: 12555559; 12493516; 240108-320238; 231128-546361; 230125-921661.
Project with successful recovery and auction by the bailiff
During the reporting period, a successful debt recovery and bailiff-led auction were completed for project 230105-633672, allowing it to be fully closed.
Court-approved settlement and payment agreement
A court-approved settlement was reached for project 230915-549433, including an agreed payment schedule. If the debtor fails to comply with the schedule, the case can be immediately transferred to a bailiff for enforced recovery.
Projects closed in November (refinanced)
The following projects were successfully closed in November through refinancing: 12444678, 12487926, 12557425, 12569760, 12557879, 12485230, 12491880, 231121-400156.
Lithuania
In November, the Lithuanian market delivered outstanding results. With the support of EIF and ILTE, customer demand increased significantly, and the number of signed clients doubled compared to the previous period.
In addition to strong growth, important financial achievements were reached: funds were successfully recovered from three previously defaulted clients, and their outstanding debts were fully cleared.
These results clearly demonstrate sustainable growth, effective partnerships, and a strong foundation for further expansion in the Lithuanian market.
Romania
November was a particularly active month for the Romanian market. Grain producers faced a difficult context, with significant delays in subsidy payments and poor corn harvesting caused by heavy rainfall. In some cases, less than 30% of the land had been harvested by month-end. For affected clients, we worked on loan restructurings to better match repayment schedules with their actual cash-flow timing.
On the sales side, farmers have already started requesting working capital for input purchases. Based on our discussions, clients who planted wheat and rapeseed report good early crop development and satisfactory emergence so far.
Operationally, we relocated to a new office, offering a more central location and a more accessible, welcoming space for clients. We also launched a digitalisation project to introduce electronic signatures, with the goal of reducing contract signing times and improving overall efficiency.
The team was strengthened with the appointment of Radu Păun as Head of Legal. He brings solid experience in collections and enforcement procedures, as well as a background as legal counsel in credit and financing activities, further reinforcing our local operational capabilities.
Poland
In November and December, activity in the Polish market focused on building the initial pipeline and relationships. The team contacted all existing leads and signed several new partnerships to support future deal flow. We are currently preparing two clients for publication on the platform.
On the marketing side, LANDE gained early visibility through a feature in AgroNews.pl, supporting brand awareness in this newly launched market. Overall, Poland remains in an early setup phase, with groundwork progressing as planned.