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The clipping this text was read from
The clipping this text was read from

and less than family typefarm jrs, as well as rural residents and those who may be larger than family size farmers. The rural housing and Boll and water loans are examples of those that can be made to larger than family size operators. The Economic Opportunity Act gave Farmers Home Administration additional lending authorities this year. These Economic Opportunity loans can be made to farmers or non-farmers so long as the purpose is for some enterprise that will increase the income of the family. Loans of this type to Individuals may not exceed $2500. Loans for cooperatives to increase income to farmers and nonfarmers may be made in larger amounts. These are at an interest rate of 4 1/8 percent with a repayment period up To 15 years. Some of the types of enterprises that may be financed for these rural residents ^re: auto repair, custom butchering, day

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