Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

why would a farmer be better off asking for a grant than a loan reasons​

Sagot :

Answer:

Because loan has to be paid in certain period of time whereas grant is a special government plan/ scheme for farmers to motivate them to work..

In addition to other costs, you need to purchase land and seed and equipment and hire hands to help you with the eventual harvest. There are, however, ways to obtain grants that cover some or all of the cost of your new farm. Grants are better than loans for one very important reason: you don't have to pay them back.