Friday, June 10, 2016

Facts On Disabled Veteran Farm Loans

By Nancy Taylor


Agriculture which is the primary source of most of the food eaten in the entire America is mainly done in the rural parts of the country. It is so interesting also to note that about 44% of the military recruits come from the countryside. This is an indication that they are in one way or another associated with farming and that is how they are able to get these disabled veteran farm loans.

Most of these military recruits opt to spend their last parts of their lives in reticent environments thus most of them prefer going back to their rural areas where they can be able to do farming. It is due to this that the government and the Farming Service Agency came up with unique programs that will aid these new farmers in the form of loans as a show of appreciation.

The farm loans that are offered by FSA are for different retired military persons. It is understood that a retired military that was never injured while on duty will be more efficient in farming while a disabled one will tend to be slightly less effective depending on the kind of disability they possess.

There was a need to ensure that the loans given were serving the intended purpose. This was enhanced by FSA setting up the strict measure that must be met for one to be able to get this loan. Moreover, the measures were kept in place to ensure that they can keep up with the new farming methods being used in the present days.

One of these requirements is having a three-year experience. This was imposed to ensure that these physically challenged farmers can know the basics of farming. It is also important as it equips these new farmers with the current methods of farming that make one able to cope up with new farming methods. This is important mainly for the farmers who were doing farming before joining the military.

Apart from the farming experience, one is required to have a piece of land where they are going to undertake the farming. FSA set up that for those who have 30% to 50% disability have 30 acres of land before being legible for these loans. This enables them to undertake large-scale farming which is more profitable.

This new program by FSA and the government has been very helpful to the military recruits as it makes them feel more appreciated after serving their nation. It has turned to be a primary source of living to many who are faced with financial challenges.

Not all citizens are in support of this project. Most of them arguing that the tax payers money which is the source of loan money given to these new farmers is not used. These farmers have little experience that can assure them of profits from their farming enterprises.

Also, these loans will not be able to serve the retired disabled military recruits who are too old to do farming since they do not have the strength to partake in agriculture. More so, the move is aimed at assisting retired military who have an interest in farming only. Much is yet done to those with other interests.




About the Author:



No comments: