Senin, 06 Juni 2016

Reality 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.

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.

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.

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.

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 move by FSA and the government has been very helpful to these military having served in the army diligently. It has shown them how much they are appreciated for their services in the military. It has given most of them hope by serving as their source of livelihood especially to those 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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