Source: MORNING AG CLIPS, 8/9/21
U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Justin Maxson announced that the department is accepting applications for loan and grants to support rural microenterprises. The funding is being provided through USDA’s Rural Microentrepreneur Assistance Program (RMAP). RMAP provides loans and grants to a non-profit entity, tribe or institution of higher education as a Microenterprise Development Organization (MDO) to establish revolving loan funds to provide loans to rural microloan borrowers and micro entrepreneurs. For more of this story, click here.
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