Webinar to cover loan resources for organic transition

     A webinar about new loan resources for farmers interested in organic transition or expansion is planned for Dec. 11 at noon, hosted by the Iowa Organic Association, Mad Agriculture and Perennial Fund, and Leopold Center for Sustainable Agriculture and Conservation Learning Group at Iowa State University.

     “Transitioning and organic farmers often have trouble securing loans from traditional lending sources – creating additional barriers for some interested in entering or expanding into organic production,” said Roz Lehman, executive director, Iowa Organic Association. “The Perennial Fund provides an innovative, holistic approach in supporting organic farmers and organic growth.”

     More funding details will be provided during the free webinar Dec. 11, at noon (CST). Join the webinar at https://zoom.us/j/898147803. Information is also available by visiting the Perennial Fund’s website or calling Brandon at 508-930-0885.

     The Perennial Fund was founded to provide operating loans, business planning, technical support and market access to help farmers expand certified-organic acreage using regenerative practices. The fund currently serves organic farmers who want to expand in 2020, as well as those interested or in the midst of transitioning to organic. Loans can be used to cover operational costs, equipment and infrastructure. Farmers do not pay back the fund until they are making net profits, paying nothing during the 36-month transition period and having any amount owed after year 10 completely forgiven. The Perennial Fund is seeking an initial 10-15 farmers for the pilot program.

     The Iowa Organic Association is a statewide, 501(c)3 nonprofit organization committed to organic education, advocacy and cooperation. Membership is a diverse community of Iowa’s organic farmers, gardeners, food and farm businesses, advocates and consumers who are devoted to expanding organic agriculture and food systems in Iowa.

 

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