USDA Farm Service Agency Approves First Micro Lender in Montana

USDA News Release

U.S. Department of Agriculture (USDA) Montana Farm Service Agency (FSA) Executive Director Mike Foster recently announced approval of the first guaranteed agricultural Micro Lender in Montana.

Through FSA’s EZ Guaranteed Loan program, Native American Community Development Corporation (NACDC) Financial Services, Inc. of Browning, Montana, can now offer their agricultural customers loans for up to $50,000. FSA guarantees up to 95 percent of the loan.

These loans can be used to finance operating costs, such as livestock, feed, seed, fertilizer, tools, fencing, equipment and livi...