Thursday, June 9, 2016

Information On Disabled Veteran Farm Loans

By Nancy Taylor


Agriculture which is the primary source of most of the food eaten in the entire America is mainly done in the rural parts of the country. It is so interesting also to note that about 44% of the military recruits come from the countryside. This is an indication that they are in one way or another associated with farming and that is how they are able to get 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.

There was a need to ensure that the loans given were serving the intended purpose. This was enhanced by FSA setting up the strict measure that must be met for one to be able to get this loan. Moreover, the measures were kept in place to ensure that they can keep up with the new farming methods being used in the present days.

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.

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 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.

This move has not gone down well with other people who seem to have different opinions. To them, they feel that the taxpayers money that is being used for these loans is not utilized effectively. This group of people believe that the three-year experience will not be sufficient to enable a military who has been in war for the most part of their life to learn enough about farming.

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.




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