NEVADA

Margi Scheid
Nevada Department of Agriculture
350 Capitol Hill Avenue
Reno, NV 89502
(702) 688-1180
FAX (702) 688-1178
Mscheid@agric.state.nv.us

Junior Agricultural Loan Program
1978
Margi Scheid
Youth ages 9-21 years old; 4-H and FFA membership is not required.

Junior Agricultural Loans are funded by the Rural Rehabilitation Fund and guaranteed by the recipients’ parents. Applicants can apply for a maximum loan of $10,000 for a maximum of 5 years with a (current) 6 percent interest rate. Applicant must develop a marketable agricultural project that, through production and marketing of an agricultural commodity, can pay back the loan through its earnings. The project must produce income to repay the loan and can be used to buy animals, equipment or supplies; buy, rent or repair needed tools and equipment; or pay operating expenses for the project. Funds can be utilized for a 4-H project or other educational agricultural project with income-producing capability.

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