Name: Agricultural Credit: Institutions and Issues (en Inglés)
Price: 25.92 USD
Availability: InStock
Author: Monke, Jim
ISBN: 9781288662937

portada Agricultural Credit: Institutions and Issues (en Inglés)

Formato

Libro Físico

Autor

Jim Monke

Editorial

Bibliogov

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6 x 18.9 x 0.1 cm

Peso

0.06 kg.

ISBN13

9781288662937

Categorías

Política y gobierno

Agricultural Credit: Institutions and Issues (en Inglés)

Jim Monke (Autor) · Bibliogov · Tapa Blanda

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Origen: Estados Unidos (Costos de importación incluídos en el precio)

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Reseña del libro "Agricultural Credit: Institutions and Issues (en Inglés)"

The federal government has long provided credit assistance to farmers, in response to insufficient lending in rural areas or a desire for targeted lending to disadvantaged groups. One federal lender is the Farm Service Agency (FSA) in the U.S. Department of Agriculture (USDA). It issues direct loans to farmers who cannot qualify for regular credit, and guarantees repayment of loans made by other lenders. Thus, FSA is called a lender of last resort. Of about $240 billion in total farm debt, FSA provides about 2% through direct loans, and guarantees about another 4% of loans. Another federally related lender is the Farm Credit System (FCS), a cooperatively owned, federally chartered lender with a statutory mandate to serve agriculture-related borrowers. FCS makes loans to creditworthy farmers, and is not a lender of last resort. FCS accounts for about 39% of farm debt. Commercial banks are the largest farm lender and hold 44% of total farm debt.