Over 44% of the military recruits serving the country come from the rural areas. It is important to note that the food is eaten in the US mainly originates from the rural areas where farming is done extensively. These recruits, therefore, have a close relationship with the farming done over there and that is why they can access these disabled veteran farm loans.
Being interested in peaceful environments after accomplishing their services, these farmers tend to prefer rural areas to urban areas. Here, most of them settle on farming. As a show of appreciation for their devotion, the government and the Farming Service Agency came up with a system that will help them in their farming through loans.
Being in the line of duty may have different implications for the soldiers. There are those who end up being physically challenged yet others are lucky enough to retire with no disability. FSA, therefore, has special treatment for the disabled retired recruits since to them farming will be a hard task as compared to their counterparts who have no disabilities.
FSA had to ensure that the loans they offer are of help to the beneficiaries. This was to be achieved mainly through imposing strict regulations that have to be met before one qualifies for a loan. Also, these tough measures were kept in place to make sure that these new farmers were conversant with the new trends in farming.
Having a three-year farming experience is one of the requirements for one to be legible for these loans. This provision aims at ensuring that the intending farmer is impacted with the basic farming knowledge. It is also vital as it enables one to be aware of the relevant farming methods being used.
Having a farm of your own is also another measure that has been put in place by FSA. The minimum piece of land that one must have is expected to be 30 acres for a military having 30%-50% disability. This is to ensure that farming is done extensively and will be able to serve as a source of income to the farmers not only for subsistence but also for commercial purposes.
This new approach that was taken by FSA has been imperative and also of great help to our retired military personnel. Through this, they have been able to find other sources of livelihood especially to those who could not save enough during their working ages. It has also made them feel more appreciated for their services.
Not all people have been in full support of this new system set up by FSA. The critics argue that the low level of experience that these new farmers have will lead to continued losses in their farming ventures. This will mean that the taxpayers money is used in areas where there are no assured returns yet there are areas where these funds could have been used.
Still there is the argument of these loans serving specific groups. For the retired military personnel who do not have sufficient energy to undertake farming due to old age, their chances of accessing these funds are minimal. Furthermore, nothing like this has been done to assist other retired military recruits who have other passions other than farming.
Being interested in peaceful environments after accomplishing their services, these farmers tend to prefer rural areas to urban areas. Here, most of them settle on farming. As a show of appreciation for their devotion, the government and the Farming Service Agency came up with a system that will help them in their farming through loans.
Being in the line of duty may have different implications for the soldiers. There are those who end up being physically challenged yet others are lucky enough to retire with no disability. FSA, therefore, has special treatment for the disabled retired recruits since to them farming will be a hard task as compared to their counterparts who have no disabilities.
FSA had to ensure that the loans they offer are of help to the beneficiaries. This was to be achieved mainly through imposing strict regulations that have to be met before one qualifies for a loan. Also, these tough measures were kept in place to make sure that these new farmers were conversant with the new trends in farming.
Having a three-year farming experience is one of the requirements for one to be legible for these loans. This provision aims at ensuring that the intending farmer is impacted with the basic farming knowledge. It is also vital as it enables one to be aware of the relevant farming methods being used.
Having a farm of your own is also another measure that has been put in place by FSA. The minimum piece of land that one must have is expected to be 30 acres for a military having 30%-50% disability. This is to ensure that farming is done extensively and will be able to serve as a source of income to the farmers not only for subsistence but also for commercial purposes.
This new approach that was taken by FSA has been imperative and also of great help to our retired military personnel. Through this, they have been able to find other sources of livelihood especially to those who could not save enough during their working ages. It has also made them feel more appreciated for their services.
Not all people have been in full support of this new system set up by FSA. The critics argue that the low level of experience that these new farmers have will lead to continued losses in their farming ventures. This will mean that the taxpayers money is used in areas where there are no assured returns yet there are areas where these funds could have been used.
Still there is the argument of these loans serving specific groups. For the retired military personnel who do not have sufficient energy to undertake farming due to old age, their chances of accessing these funds are minimal. Furthermore, nothing like this has been done to assist other retired military recruits who have other passions other than farming.
About the Author:
When you are looking for the facts about disabled veteran farm loans, pay a visit to our web pages online here today. Additional details are available at http://farmloancenter.com now.
No comments:
Post a Comment