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Show tion credit is supplied on the basis of supplementing credit from other sources, he explained. ex-plained. The loans are available only when other lenders are not in position to supply the credit the farmers need to get the greatest possible returns from their land and 'family labor resources. re-sources. The average time taken by farmers in the county to repay their loans for farm operating purposes, and to reach the point where they can obtain the credit they need from conventional lenders, is approximately five years, Mr. Bown said. Before a loan is closed, the agency and the applicant plan ahead to make sure that every loan will be repayable from planned income. In addition to credit, farmers farm-ers with Farmers Home Ad; ministration loans receive necessary nec-essary aid with farm and home management problems and in keeping records that help them to keep their farm business on a sound financial basis. Use Credit to Get Full Farm Returns Farm families in Beaver County who are using credit obtained ob-tained through the Farmers Home Administration are making mak-ing efficient use of the funds and are maintaining a good repayment re-payment record, according to a report by the agency's county supervisor, Carl G. Bown. Many farmers are using the loan funds to obtain higher grade livestock including dairy animals, to improve their pastures, pas-tures, to buy proper types and amounts of fertilizer and to finance similar steps toward better farming. So far this fiscal year, or since June 30, 1956, larmers in Beaver County have repaid a total of $102,211 on all types of loans. The farmers Home Administration Adminis-tration provides loans to farm better, buy or improve farms, build or repair farm buildings, improve soil and water and conservation con-servation practices, meet emergency emer-gency needs, or take care of certain refinancing problems, Mr. Bown said. - J' Farmers1 Home Administra- |