Show Farm Buyers Have 3 Good Repayment Record In Basin Farm families in Duchesne coun- ty who are using credit obtained through the Farmers Home Ad-ministration arc making efficient J use for funds and are maintaining a good repayment accord-ing to a report by the county Jay S. Fitz JS Many farmers are using the loan funds to obtain higher grade live- m stock Including dairy to improve their to buy proper types and amounts of fer- 1 M to land and improve irrigation So far this fiscal since June farmers in Duchesne county have repaid a total of on all types of The Farmers Home tion provides loans to farm buy or improve build or repair farm improve soil and water conservation meet emergency or take v care of certain refinancing Fitzgerald Farmer Home Administration credit Is supplied on the basis of lj supplementing credit from other he The loans are available only when other lend- jj are not in position to supply the credit the farmers need to the greatest possible returns from their land and family labor re- The average time taken by farm- ers 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 ap- r proximately five Fitz- gerald Before a loan is the agency and the applicant plan ahead to make sure that every loan will be repayable from s planned In addition to farmers with Farmers Home Administration loans receive necessary aid with and home management and in keeping records that help them to keep their farm busi- ness on a sound financial |