Factors Affecting Success of Farm Loans a Study of Lending Experience in Seven
Factors Affecting Success of Farm Loans a Study of Lending Experience in Seven
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In our eReader you can find the full English version of the book. Read Factors Affecting Success of Farm Loans a Study of Lending Experience in Seven Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Factors Affecting Success of Farm Loans a Study of Lending Experience in Seven
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In studies made in New York, 1 ' 2 and Missouri 3 higher education was associated with higher earnings among farmers. On the other hand, Hammer in his study of the Master Farmers of America found no significant differences in net incomes when the groups were selected on the basis of the amount of school training acquired. 4 Wilcox found no apparent relationship between earnings and education. 5 Age of Borrower Proved Relatively Unimportant The majority of the 827 loans were made to borrowers be...tween 40 and 60 years old (Table 30). Borrowers less than 30 years old obtained only 7 percent of the loans and those over 60 years only 16 percent. A larger percentage was made to borrowers under 40 years old on intermediate and inferior soils than on good soils. Only 14 percent of the loans made on good soils were made to borrowers less than 40 years old, and 21 percent to borrowers over 60 years old. The higher proportion of older men reflects the larger capital requirements on good land.
The age of the borrower at the time the loan was made was a relatively unimportant factor affecting lending experience.
What to read after Factors Affecting Success of Farm Loans a Study of Lending Experience in Seven?
You can find similar books in the "Read Also" column, or choose other free books by Joseph Ackerman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In studies made in New York, 1 ' 2 and Missouri 3 higher education was associated with higher earnings among farmers. On the other hand, Hammer in his study of the Master Farmers of America found no significant differences in net incomes when the groups were selected on the basis of the amount of school training acquired. 4 Wilcox found no apparent relationship between earnings and education. 5 Age of Borrower Proved Relatively Unimportant The majority of the 827 loans were made to borrowers be...tween 40 and 60 years old (Table 30). Borrowers less than 30 years old obtained only 7 percent of the loans and those over 60 years only 16 percent. A larger percentage was made to borrowers under 40 years old on intermediate and inferior soils than on good soils. Only 14 percent of the loans made on good soils were made to borrowers less than 40 years old, and 21 percent to borrowers over 60 years old. The higher proportion of older men reflects the larger capital requirements on good land.
The age of the borrower at the time the loan was made was a relatively unimportant factor affecting lending experience.
What to read after Factors Affecting Success of Farm Loans a Study of Lending Experience in Seven?
You can find similar books in the "Read Also" column, or choose other free books by Joseph Ackerman to read onlineMoreLess
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