Business
10- to 20-year-olds eligible for loans
October 15, 2008
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The USDA Farm Service Agency, 343 W. 23rd St., Ottawa, will make operating loans to youths 10 to 20 years old to establish and operate income-producing projects.
The individual must be a U.S. citizen, live in open country of a town of less than 50,000 people and be unable to get a loan from other sources.
The agency will loan up to $5,000 to be used to finance the income-producing projects in conjunction with participation in 4-H, FFA or a similar club.
Common projects include livestock, crops, and vegetable, fruit or tree production. Funds may be used to buy livestock, equipment, plants or supplies or to pay operating expenses.
For more information, contact the Farm Service Agency at (785) 242-3527 or fsa.usda.gov.
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