You're reading the August 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 August 2025 was €1,369,109 across 45 projects (avg. project value €30,424). The breakdown by country is as follows:
The share of loans issued in August that were backed by either land/property or machinery in each market was the following: Romania 91%; Lithuania 89%; Latvia 92%.
190 new investors registered on the LANDE Platform in August.
LANDE investors earned a total of €164,844 in interest in August, with the all-time total having now reached €3.41 million.
A refreshed website
We’ve launched a fresh version of the lande.finance website! The redesigned front page and other pre-login pages are now more informative, intuitive, and visually clear, making it easier for visitors to understand LANDE and explore investment opportunities – perfect for sharing! The work was carried out together with a designer specialising in peer-to-peer and investment platforms, ensuring both professional presentation and a smooth user experience.
Upgraded Two-Factor Authentication system
We’ve improved account security by introducing a new app-based Two-Factor Authentication (2FA) system. The previous email-based method has been removed, as it could occasionally cause delays or delivery issues. Investors who wish to continue using 2FA need to set it up again in their profile. The new system works with authenticator apps such as Google Authenticator, Authy, or 1Password. After linking your app by scanning a QR code (or entering a setup key manually), you’ll confirm logins with a six-digit code from your phone. Recovery codes are also provided as a backup.
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).
Loan repayment statistics
At the end of August there were 1,627 projects funded through the LANDE platform, of which 809 had been repaid in full while 773 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 €656,669 in August, while the all-time total has reached €19.1 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:
Debt Recovery – August 2025
In August, the Debt Recovery Department continued to work towards identifying the most appropriate and effective solutions for each individual case, with the aim of achieving timely and successful resolution of outstanding obligations. The following key actions and outcomes were recorded:
Refinancing and Closure of Obligations
Several at-risk cases were successfully resolved through refinancing agreements, resulting in full settlement and closure:
230831-783704; 230727-759602; 12418332; 12494490; 230129-566693
Voluntary Settlement of Overdue Obligations by Debtors
In the following cases, overdue liabilities (90+ days past due) were voluntarily settled by the borrowers, resolving the outstanding debts:
230208-905223; 12415834
Notarised Agreements Executed for Future Enforcement
In order to ensure expedited future recovery actions, notarised debt settlement agreements were concluded in the following cases, all of which involved debtors with obligations overdue by more than 90 days:
240108-320238; 231128-546361; 230125-921661
Positive Arbitration Judgements
Favourable arbitration rulings were received in two cases involving long-term delinquencies (90+ days). These decisions form the legal basis for obtaining writs of execution and initiating compulsory enforcement through certified bailiffs:
12493516; 12478231
Transfer to Bailiff for Compulsory Enforcement
The following case was formally transferred to a sworn bailiff for execution via forced recovery measures, following the debtor’s default:
230530-846055
Meanwhile, we have also been meeting several partners in Latvia and Lithuania, well know companies from the industry, and we are planning new cooperations to help more farmers in both markets.
Lithuania:
In August, we observed a seasonal dip in credit demand in the Lithuanian market, aligning with the start of the harvest season. During this time, farmers focus on collecting their crops and reassessing their expected income, which naturally leads to a more cautious approach toward taking new loans.
Despite this temporary slowdown, most of the applications we received were geared toward farm development – a clear signal that agricultural businesses are planning ahead.
We're also building new partnerships with raw material suppliers, enabling our clients to access essential inputs at more competitive prices – helping them grow their operations more efficiently.
Romania:
The sales team in Romania has expanded with a new hire. Work has begun on automating parts of the loan analysis and approval process, a project that will continue in the coming months to optimise decision-making and shorten time-to-yes. In August, an automation for fully online credit bureau checks was launched into production. Partnership agreements also continued to be signed.
On the collections side, the team maintained proactive contact with clients due to make large seasonal repayments in September and October, ensuring timely collection and early detection of potential issues.