katlomokwena
katlomokwena katlomokwena
  • 01-05-2021
  • Business
contestada

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

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bisu71 bisu71
  • 01-05-2021

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..

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wilsoncamrey2
wilsoncamrey2 wilsoncamrey2
  • 01-05-2021
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.
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