FSA loans avaliable for 4-H and FFA youth

The Farm Service Agency makes loans to youths to establish and operate income-producing agricultural projects in connection with 4-H clubs, FFA and other agricultural groups. Projects must be planned and operated with the help of the organization advisor, produce sufficient income to repay the loan and provide the youth with practical business and educational experience. The maximum loan amount is $5,000. The current April interest rate is 2 percent.

Eligibility requirements:

n Be a citizen of the United States (which includes Puerto Rico, the Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands) or a legal resident alien

n Be 10 to 20 years of age

n Conduct a modest income-producing project in a supervised program of work as outlined above

n Demonstrate capability of planning, managing and operating the project under guidance and assistance from a project advisor. The project supervisor must recommend the project and the loan, along with providing adequate supervision.

For more information or application forms, contact farm loan manager Libby Anderson at the Grant County FSA Office, (509) 754-2463, ext. 2.