The Kentucky Agricultural Finance Corp. (KAFC) approved $2,157,500 in 10 agricultural loans for projects in the Commonwealth at its board meeting on Friday, May 13, including one in the Beginning Farmer Loan Program in Henry County, according to a news release from KAFC.
Beginning Farmer loans, or BFLP, totaled $1,357,500 for eight recipients, including $120,000 for one in Henry County.
BFLP is designed to assist individuals with some farming experience who desire to develop, expand or buy into a farming operation.