New Youth Agricultural Loan Program from Farm Credit of Northwest Florida
MARIANNA, FL (October 27, 2014) – In keeping with the cooperative’s commitment to support ag education programs and help rural America grow, Farm Credit of Northwest Florida has designed the Youth Agricultural Loan Program specifically to help active 4-H and FFA members to get a running start with their agriculture-related projects and future success.
Farm Credit of Northwest Florida is proud to support programs like 4-H and FFA as important tools for helping young people grow. Members of these programs not only learn skills like growing crops or raising animals, but also build character traits that prepare them for a future in any career. Youth learn to set goals, plan ahead and commit themselves to completing a project they started. Farm Credit of Northwest Florida seeks to enhance the opportunities offered by 4-H and FFA by teaching their members financial well-being and further preparing them to be successful future leaders in our community.
Loans will be offered for up to $2,500, will not exceed 18 months, are contingent on a purchase of cooperative stock up to $50 (two percent) of loan amount and will need to be co-signed by a parent or guardian. There are no fees involved with this program. Find more information and the application on our Young, Beginning, Small and Minority Farmers web page: http://www.farmcredit-fl.com/ybsm-farmers.html
About Farm Credit of Northwest Florida
Farm Credit of Northwest Florida is a member-owned financial cooperative headquartered in Marianna, Fl. that serves 18 counties throughout the Florida panhandle. Farm Credit offers highly competitive credit to meet the financing needs of farmers, agribusinesses, rural landowners and homeowners. For more information about the types of financing available, or how cooperative lenders share their profits with borrowers, please visit www.farmcredit-fl.com.
Farm Credit of Northwest Florida