NEVADA   Ed Foster Nevada Department of Agriculture 350 Capitol Hill Avenue Reno, NV 89502 Telephone: (775) 688-1180 Ext. #272 FAX: (775) 688-1178 E-mail Address: efoster@agri.state.nv.us Program/Project Title: Junior Agricultural Loan Program Program Began: 1978 Contact Person: Ed Foster Target Group: Youth ages 9-21 years old; 4-H and FFA membership is not required. Description: 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 term of no more than 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.   Choose another state ...

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