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.
After retirement, they prefer a peaceful life hence most of them go back to their rural areas and opt to begin farming or even proceed with farming for those who have been involved in agriculture. The government in conjunction with Farm Service Agency chose to show their appreciation to these military recruits who volunteered to serve the country through special aids in the agricultural sector.
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.
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.
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 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 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.
After retirement, they prefer a peaceful life hence most of them go back to their rural areas and opt to begin farming or even proceed with farming for those who have been involved in agriculture. The government in conjunction with Farm Service Agency chose to show their appreciation to these military recruits who volunteered to serve the country through special aids in the agricultural sector.
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.
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.
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 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 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:
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