Show Farmers can get opportunity Loan thru Under the Economic Opportunity Act of the Farmers Home Administration makes loans to low-income farm and rural families who need small amounts of capital to Improve their income andor standard of This program Is now open to farm families in Duchesne County Supervisor for the said LOANS UP to arc available to farm families with limited incomes who cannot qualify for financial assistance under the regular loan policies of the Farmers Home Administration or private This may be used to seed and as well as refinance real estate debts and purchase The loans may also be used to buy shares in small cooperatives that serve rural According to the Congress has also provided special for form farmers and non to develop new sources of Loans up to be used to carry out may enterprises as well road-ride machinery and electric custom farm ser- IN CARRYING these borrowers may use land I re loan funds to buy relocate buy and equipment tools and pay necessary membership acquire in and buy stock in and service cooperative and pay debts secured by Hens against land and The total loaned to may not any one family The actual amount loaned will be limited to the family's needs and ability to within scheduled for repayment with the a period borrower's ability to The maximum term is 15 The Interest rate is 5 18 percent a year the unpaid OPPORTUNITY loans will generally be secured by a prom- note and a W Opportunity loana v jV by mana assistance to help bor make profitable use of This will In planning and carrying out other U practices and In Ul management for fl made at the Duchesne I Office of the Farmers t Administration located W Post Office Building at JJ The County Supervisor be glad to discuss available from the Agency 2 explain how to prepare a T e ten se |