Monday, June 6, 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.

FSA was fair enough to draw a boundary of the loan services that will be offered to disabled retired recruits and those who retired with no disabilities. This is because farming will tend to be more challenging to the one who is in one way or another physically challenged hence the difference imposed by FSA.

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 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.

This program is also concentrated to the retired military personnel who have the energy to undertake to farm. This means that a retired recruit who is advanced in age with little energy to make farming cannot afford these loans. Additionally, the programme is only for those with an interest in agriculture. There is less that those with other interest can do.




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