Friday, June 12, 2009
Collin's Girls Add to their College Fund
Washington--The U.S. Department of Agriculture's Farm Service Agency (FSA) makes operating loans of up to $5,000 to farm kids ages 10 through 20 to finance income-producing, agriculture-related projects. The project must be of modest size, educational, and initiated, developed and carried out by rural youths participating in 4-H clubs, FFA or a similar organization.
The FSA’s John Lejardi says the Farm Service Agency is the USDA’s principal agency charged with promoting a stable and abundant American food supply, and points out that this program gives the next farming generation a foot-up when their turn comes. Simply put, Rural Youth Loans is vital investment in future of U.S. agriculture
The project must be an organized and supervised and it must be planned and operated with the assistance of the organization advisor. The project must produce sufficient income to repay the loan, and provide the youth with practical business and educational experience in ag-related skills.