What is a Young, Beginning, Small or Minority Farmer?

• A Young Farmer is one who is 35 years of age or younger.
• A Beginning Farmer is one who has 10 or fewer years farming, ranching or aquatic agriculture experience.
• A Small Farmer is one who generates less than $250,000 in annual gross agricultural or aquatic sales.
• A Minority Farmer is defined as Black, Hispanic, Asian, Native American and/or any other minority group.

Farm Credit of the Virginias believes that Young, Beginning, Small and Minority Farmer loans can be done on a safe and sound basis and supports making these types of loans as part of the overall loan portfolio.

In order to better serve the needs of these farmers, Farm Credit of the Virginias collaborates with the Farm Service Agency (FSA).  To help manage credit risk, Farm Credit of the Virginias recommends participation in the FSA guarantee programs.

Farm Credit of the Virginias is an active supporter and contributor to the Young, Beginning and Small Farmer Community.  We sponsor many activities related to this group including 4-H and FFA.  Additionally, we promote and sponsor many educational workshops and conferences that benefit Young, Beginning and Small Farmers.

Farm Credit of the Virginias does not discriminate in any credit transaction on the basis of race, color, national origin, religion, sex, marital status, age public-assisted income, or because a right was exercised under the Consumer Credit Protection Act.

For addition information contact Farm Credit of the Virginias toll-free at 800-919-3276.