Advertisement

You will be redirected to the page you want to view in  seconds.

USDA to offer farm 'microloans'

8:19 AM, Jan. 16, 2013  |  Comments
  • Filed Under

The U.S. Department of Agriculture has created a new loan program to help small farmers, including growers who want to take advantage of the soaring interest in locally produced food.

Agriculture Department Secretary Tom Vilsack told the Associated Press on Monday that new "microloans" of up to $35,000 are designed to help bolster family-run farms as well as minority growers and military veterans seeking to start a farm who might otherwise have trouble qualifying for small loans from banks or other USDA loan programs.

The loans can help farmers grow niche or organic crops to sell directly to ethnic and farmers markets, or contribute to community-supported agriculture programs. Vilsack noted direct-to-consumer sales was a fast-growing sector, with a 60-percent increase in farmers markets in the past three years.

The loan also can cover the costs of renting land, seed, equipment and other expenses. The goal is to create more opportunities for entrepreneurship and employment in the farming industry, Vilsack said.

What's your take on the Packers Family Night change?

Retrieving results.
Watching practice is fine.(Your vote)
15%
573 votes
I'd rather watch a scrimmage.(Your vote)
23%
854 votes
I don't want to pay to watch practice.(Your vote)
27%
1013 votes
It doesn't matter to me.(Your vote)
34%
1270 votes

Catch up on the latest in our pregame show every game day.

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports

ORDER YOURS

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports