Haman-gun Accepts Applications for Livestock Farmers' Feed Purchase Fund Loans

Applications Available at Eup and Myeon Office Industrial Departments

Haman-gun, Gyeongnam Province, is accepting applications for the Livestock Feed Direct Transaction Activation Support Project at the town and township offices until the 12th to reduce the management burden on livestock farms and promote direct feed transactions.

This support is a low-interest loan policy fund with an annual interest rate of 1.8% to support feed purchases through cash transactions instead of credit transactions. It is a project that provides support for two years for new feed purchases and repayment of existing credit amounts.

Haman County is accepting applications for loan support for livestock farmers' feed purchase funds.
[Image provided by Haman County]

The support targets are livestock farms and corporations participating in the livestock business permit and registration system. However, public officials or those who have been fined or received administrative penalties for violating livestock-related laws since January 1, 2020, are excluded.

The supported livestock species include Hanwoo cattle, dairy, pigs, poultry, ducks, deer, horses, goats, rabbits, honeybees, quail, pheasants, ostriches, sheep and goats, and geese, turkeys, and wild geese. Among these, horse, rabbit, and honeybee farms, as well as chicken, duck, quail, ostrich, and pheasant farms with livestock facilities under 10㎡, can receive support without livestock business permits or registration.

Required application documents include △ Health Insurance Qualification Certificate △ Credit investigation report issued by the lending institution (must indicate the loan amount for feed purchase) △ Feed purchase contract for new feed purchases △ Credit balance feed purchase details for credit repayment △ Business registration certificate of the feed supplier, etc.

An Byeon-guk, Director of the Haman-gun Agricultural Technology Center, said, “We hope this feed purchase fund support project will help livestock farmers whose income has decreased due to rising feed prices and falling Hanwoo prices,” and added, “We urge eligible farms to apply without fail within the period.”