Hongseong County to Provide 16.8 Billion Won in Loan Support for Livestock Feed Purchases in Second Half of Year

Published 2025년 7월 4일

Tridge summary

Hongseong County will accept loan applications for feed purchase funds at the administrative welfare centers of each town and village for livestock farms and corporations until the 10th. The feed purchase fund is a project that supports the cost of new feed purchases and repayment of existing credit amounts at an interest rate of 1.8% with a two-year deferral and lump-sum repayment to alleviate management burdens and ensure stable feed supply for livestock farms. Eligible applicants are livestock farms and corporations with livestock business permits or registrations, and chicken, duck, quail, ostrich, and pheasant farms with breeding facilities under 10㎡ can apply without a livestock business permit or registration.

Original content

The Hongseong County is accepting applications for feed purchase funds at the administrative welfare centers of each town and village until the 10th, targeting local livestock farms and corporations. The feed purchase funds are a support program providing costs for new feed purchases and repaying existing credit amounts at an interest rate of 1.8%, with a two-year deferral and lump-sum repayment to alleviate management burdens and ensure stable feed supply for livestock farms. Eligible applicants include livestock farms and corporations with livestock business permits or registrations. Poultry farms raising chickens, ducks, quail, ostriches, and pheasants with facilities under 10㎡ can apply without a livestock business permit or registration. Applicants will be selected after reviewing the number of livestock, existing loan balance, and support limits. Selected farms and corporations must receive a 'feed purchase policy fund selection and recommendation notice' from the ...

Source: Aflnews