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Information On Disabled Veteran Farm Loans

By Nancy Taylor

Agriculture has always been a very paramount sector to America. Having been done by those in the rural areas and almost 44% of those in the military coming from the countryside, it is evident that there is a direct link to them with Farming; hence, their accessibility to 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.

In ensuring there is the efficient use of the loans offered, FSA has strict regulations that are to be met for one to be legible for these loans. Additionally, the rules are aimed at ensuring that these new farmers meet the standards that are required to match this vital sector of the countrys economy.

It is a must that one has at least three years of farming experience before FSA awards them a loan. This move will enable one to know the basics of farming. Also, it is a good way of knowing how to cope up with the trends in this vast sector and as a result assure successful seasons.

Moreover, another requirement by FSA is that a retired disabled military must have a minimum of 30 acres of land for them to be able to have access to this loan. The primary reason for this is to ensure that farming is not only done for subsistence but also for commercial purposes which tend to have more returns.

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 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.

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.

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