Kenya Commercial Bank Limited Group (KCB.ug) 2009 Annual Report

first_imgKenya Commercial Bank Limited Group (KCB.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2009 annual report.For more information about Kenya Commercial Bank Limited Group (KCB.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited Group (KCB.ug) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited Group (KCB.ug)  2009 annual report.Company ProfileKenya Commercial Bank Limited (KCB Group) is a leading financial institution offering retail and corporate banking services in Uganda through its subsidiary company. KCB Group offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in treasury bills and bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Uganda Securities Exchangelast_img read more

Fortis Microfinance Bank Plc (FORTIS.ng) 2016 Annual Report

first_imgFortis Microfinance Bank Plc (FORTIS.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2016 annual report.For more information about Fortis Microfinance Bank Plc (FORTIS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Fortis Microfinance Bank Plc (FORTIS.ng) company page on AfricanFinancials.Document: Fortis Microfinance Bank Plc (FORTIS.ng)  2016 annual report.Company ProfileFortis Microfinance Bank Plc offers a range of banking products and services for micro and small-to-medium enterprises, individuals, the unbanked and low-end entrepreneurs in Nigeria. The company provides affordable, flexible financial solutions to support the development of entrepreneurship among the unbanked and/or economical disadvantaged businesses and individuals. Fortis Microfinance Bank Plc has an extensive network of branches located in the major towns and cities of Nigeria. Its product offering ranges from transactional accounts, term deposits and loans to microcredit solutions for schooling, rentals and contract financing. The company also offers advice and support through workshops and seminars and corporate events. It has a range of products and services for high-net worth individuals and offers executive management advisory and training services for building human capacity. Fortis Microfinance Bank Plc’s head office is in Abuja, Nigeria. Fortis Microfinance Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

National Microfinace Bank Plc (NMB.tz) 2017 Abridged Report

first_imgNational Microfinance Bank Plc (NMB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2017 abridged results.For more information about National Microfinance Bank Plc (NMB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the National Microfinance Bank Plc (NMB.tz) company page on AfricanFinancials.Document: National Microfinance Bank Plc (NMB.tz)  2017 abridged results.Company ProfileNational Microfinance Bank Plc (NMB) is a commercial bank in Tanzania offering financial solutions for individuals, small-to-medium-sized businesses and large corporations. NMB operates in several segments; wholesale banking, retail banking, agribusiness and treasury. Its product offering ranges from current and savings accounts to time deposits to fixed deposits, and Kilimo, Chap and Chipukizi accounts. NMB also offers loans to entrepreneurs, bank guarantees, and export and import financing, supply chain financing and letters of credit. Other services include forex, cash exchange, institutional and transactional banking, and payment and collection services. NMB has an extensive network of branches and ATMs in the major towns and cities of Tanzania. National Microfinance Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

Anglo-Scottish ecumenical agreement approved by Church of Scotland

first_img Press Release Service Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Missioner for Disaster Resilience Sacramento, CA Rector Martinsville, VA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Anglican Communion, Submit a Job Listing By Gavin Drake Posted May 25, 2016 Rector and Chaplain Eugene, OR Featured Jobs & Calls Course Director Jerusalem, Israel Featured Events Tags An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Comments are closed. Curate Diocese of Nebraska Youth Minister Lorton, VA Submit a Press Release Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Comments (1) New Berrigan Book With Episcopal Roots Cascade Books May 25, 2016 at 5:07 pm The warning flags are flying. A 2 million endowment to ‘Study Atheism’ was just announced for an American University. The signs of the collapse of the transcendent is visible. What is left of Christianity unite or we shall hang separately! Rector Knoxville, TN Rector Bath, NC Rector Hopkinsville, KY Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Family Ministry Coordinator Baton Rouge, LA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Associate Rector for Family Ministries Anchorage, AK Rector Collierville, TN Curate (Associate & Priest-in-Charge) Traverse City, MI center_img Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Tampa, FL Bishop Diocesan Springfield, IL Assistant/Associate Priest Scottsdale, AZ Priest Associate or Director of Adult Ministries Greenville, SC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Shreveport, LA Canon for Family Ministry Jackson, MS Assistant/Associate Rector Washington, DC Associate Rector Columbus, GA Rector Washington, DC Director of Administration & Finance Atlanta, GA Rector Smithfield, NC Fr Donald Heacock says: Ecumenical & Interreligious Submit an Event Listing Rector Pittsburgh, PA Rector Belleville, IL Priest-in-Charge Lebanon, OH Director of Music Morristown, NJ [Anglican Communion News Service] The General Assembly of the (Presbyterian) Church of Scotland has this morning approved the Columba Declaration– an ecumenical agreement between it and the Church of England; and – in identical terms approved by the C of E’s General Synod in February– instructed the creation of an ecumenical “contact group” which would include representatives of the two churches and also the Scottish Episcopal Church.When the two churches announced the Columba Declaration on Christmas Eve, the Primus of the Scottish Episcopal Church expressed concern at certain aspects of it. This morning, in what was the first-ever speech by an Archbishop of Canterbury as part of a debate of the Church of Scotland’s General Assembly, Archbishop Welby apologised for the hurt that was caused for the way that news of the ecumenical agreement had been handled.“The Columba Declaration is one that I support strongly and I hope you will, but the handling of its announcement caused much consternation and deep hurt to the Scottish Episcopal Church,” Archbishop Welby said. “That hurt is exclusively my responsibility and I want to put on the record to you and to them my apology.“We know that the goal of unity envisaged in the Columba Declaration cannot be pursued by some churches in isolation from others, and in our context that must mean a particular place for the Scottish Episcopal Church as your Anglican partner in Scotland, and as our immediate neighbour in the Anglican Communion.”He said that “the key question” for the two churches was not just “what shall we do,” which was very easy to answer with clichés, but “what shall we do now?”This was “a very hard question” which was “only askable with any sense where there is vision.”He continued: “What the Church of England and the Church of Scotland do next if you vote in favour of the Declaration this morning will be guided not only by the context of our existing ecclesial structures, but also by the context in which we find ourselves. We are united in witness to Christ as churches of our two nations within the one country of the United Kingdom. That gives particular parameters to our unity in witness.”He said: “We are not and never can be united by the process of doctrinal discussion and agreement alone. It is essential, but it is not sufficient. Because we are always already united by a person, Jesus Christ, in whom we worship the Trinitarian God and to whom we bear witness in word and deed.“Not a lot else matters if we are doing those two things – worship and witness, and all that flows from them – and nothing is worth doing unless its rationale and grounding are in those two vocations.”The Bishop of Moray, Ross and Caithness in the Scottish Episcopal Church, the Rt Revd Mark Strange, an ecumenical representative to the General Assembly welcomed the Columba Declaration and Archbishop Welby’s apology for the way it had originally been disclosed.He referred to what he called the “spaghetti maps” at the back of history books about the Church in Scotland, detailing the “divisions and reunions of the Scottish Church.”“There was the Scottish Episcopal Church – divided from our brethren by the question of apostolic order and loyalty to royal dynasty. Our sister church, the Kirk, remain divided over that and other issues; but we still have the same roots. We came through the same Reformation.“So this episcopal limb of the Church of Scotland, that survived despite the political pressures placed on it, begins to have to make new friends. Firstly, with the Americans who received the order of bishops from us; and then as we begin to make friends with the other episcopally led churches in the UK and ultimately became part of the Anglican Communion – the first non-colonial part of the Anglican Communion.“And so all would seem sorted. In Scotland we are in company with our sister church . . . and in the rest of the UK we share much with our friends in the Anglican Communion. So it was a bit difficult when our sister begins to take an interest in our best friend – especially when our best friend shows interest back. We just needed a bit of time to go away and sort that one out in our heads; to observe the relationship and to wait for the promised report of the relationship to be published.“Unfortunately, an unexpected announcement – not an engagement, but a declaration. And yes, we are hurt. But let me ask you: if this happens in your family, then surely you try and fix it. You try and sort it out. And so, Archbishop Justin, thank you. From the bottom of my heart, thank you for words today acknowledging those difficulties and the surprise of the announcement.”He told the members of the General Assembly that the Church of Scotland and the Scottish Episcopal Church “see many things differently” after 300 years of theological divergence. “But that doesn’t stop us loving one another and finding ways of working together,” he said. “Now is the time to get on with the real task in hand – sharing all we have in the furtherance of the Gospel of Christ.” Assistant/Associate Rector Morristown, NJ Rector Albany, NY Rector (FT or PT) Indian River, MI The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Associate Priest for Pastoral Care New York, NY Anglo-Scottish ecumenical agreement approved by Church of Scotland Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector/Priest in Charge (PT) Lisbon, ME AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Cathedral Dean Boise, IDlast_img read more

Tanzania: Trailblazer Hilda Kabia is first woman to lead Msalato…

first_img Family Ministry Coordinator Baton Rouge, LA Rector Collierville, TN AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Curate Diocese of Nebraska Featured Jobs & Calls Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Washington, DC Rector Pittsburgh, PA Course Director Jerusalem, Israel Rector Albany, NY Associate Rector for Family Ministries Anchorage, AK The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Bishop Diocesan Springfield, IL Comments are closed. Priest-in-Charge Lebanon, OH Assistant/Associate Priest Scottsdale, AZ Leon Spencer says: June 7, 2016 at 4:30 pm Congratulations to Canon Kabia! Msalato has had an important ministry for the life of the Church in Tanzania, and I am sure it will continue to make its contribution under her leadership. Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Tags Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector (FT or PT) Indian River, MI Canon for Family Ministry Jackson, MS Rector Knoxville, TN The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit a Press Release Comments (2) Submit a Job Listing Associate Priest for Pastoral Care New York, NY Submit an Event Listing Rector/Priest in Charge (PT) Lisbon, ME Rector Smithfield, NC Rector Martinsville, VA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Missioner for Disaster Resilience Sacramento, CA Tanzania: Trailblazer Hilda Kabia is first woman to lead Msalato Theological College June 9, 2016 at 12:05 am Congratulations Rev. Cn. Hilda Kabia. This article celebrates the gifts you bring to the church. Thanks be to God for your ministry. The Rev. Canon Hilda Kabia is the first woman to head Msalato Theological College. Photo: Lynette Wilson/Episcopal News Service[Episcopal News Service] On Aug. 1, 2015, the Rev. Hilda Kabia became the first woman to head Msalato Theological College, located just outside Dodoma, Tanzania, in the Diocese of Central Tanganyika.“She’s a trailblazer,” said the Rev. Ranjit K. Mathews, the Episcopal Church’s Africa partnerships officer, who along with his wife served two years at Msalato through the Episcopal Church’s Young Adult Service Corps program.Prior to leading the theological college, Kabia served nine years as dean of students and an assistant lecturer at both Msalato and St. John’s University of Tanzania, an Anglican institution in Dodoma.Ordained a deaconess in 2003, a priest in 2004 and named a canon in 2015, Kabia has since 1992, when she was a student at St. Philip’s Theological College in Kongwa, become used to paving the way for other women.Reflecting back on her time at St. Philip’s in the early 1990s, Kabia said, “It was hard for us. All the male students were questioning why women were studying theology.”The female students would teach Sunday school and lead Bible study, but did not assist during services. “At the time people were not willing to accept women serving at the altar,” she said, adding that the first time a woman was added to the roster to assist during a service, many of the male students walked out of the classroom.Times have changed in the Anglican Church of Tanzania and the Diocese of Central Tanganyika, said Kabia, who wrote a dissertation on the place and role of women in the church. Still, she added, it’s harder for women, many of whom need to work to support their families and who haven’t had the same opportunities for secondary education as their male peers.Msalato’s mission is to be a theological education training center for church leaders, lay and ordained, male and female, to prepare them in order to serve God and his people in their particular context. Furthermore, in its philosophy, Msalato commits to gender equality.Today, 12 of the 62 students studying theology at Msalato are female.Increasingly, across the diocese, young women are expressing an interest in theological education, said Bishop Dickson Chilongani, who explained that up until two years ago, the Diocese of Central Tanganyika was the only diocese in the Anglican Church of Tanzania that ordained women.More than 50 of the diocese’s 360 priests are women, he said.“For me I find the ministry in very good balance when you have men who are priests but also women who are priests,” said Chilongani. “Women are doing very, very well … They are holding very important positions in the diocese.”— Lynette Wilson is an editor/reporter for Episcopal News Service.  People By Lynette WilsonPosted Jun 6, 2016 Rector Belleville, IL Curate (Associate & Priest-in-Charge) Traverse City, MI Rector and Chaplain Eugene, OR Press Release Service Rector Shreveport, LA Assistant/Associate Rector Washington, DC Cn. Shirley M. Watts says: Anglican Communion, Rector Tampa, FL Assistant/Associate Rector Morristown, NJ Featured Events Cathedral Dean Boise, ID Director of Music Morristown, NJ Associate Rector Columbus, GA Africa, Rector Hopkinsville, KY Youth Minister Lorton, VA Priest Associate or Director of Adult Ministries Greenville, SC Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Bath, NC New Berrigan Book With Episcopal Roots Cascade Books Director of Administration & Finance Atlanta, GA last_img read more

Practical Tactics That Will Take Your Investments and Trades To The…

first_img Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 By Allen BrownThe stock market is experiencing a steady rise despite all the challenges the world is going through right now. With this rise, and so many working from home, it is no wonder that an increasing number of people are hopping on the investment train, putting their money and investing skills to the test in hopes of making a profit on the financial market. This, of course, leads to having a lot of beginners in the game, which isn’t a bad thing, as long as there is willingness to learn. Here is a short guide to help.The worst-case scenario of experimenting with stocks is ending up short and on the losing end while trading. Hopefully some beginner advice on how to take your trading to the next level will help to reduce those losses, and maybe even help you earn some cash. As stock trading can be a very complex arena, take note that whatever strategies you can learn and use to your advantage is a plus. Gaining knowledge about the market before you begin experimenting can only help in the long run.Value InvestingMany people comprehend the idea of ‘value investing’ even though they may not know know it by these terms. The gist of it is to find a stock that is undervalued, invest in it as soon as possible, and cash out when it reaches its true value. Knowing how to be a good value investor is not as easy as it sounds; you have to recognize certain patterns on the market as well as keep up with the news on what is going to be the next big thing. Value investing is one of the basic strategies you can use to strengthen your portfolio. Considering that such stocks are rather cheap to come by, it doesn’t have to be a large investment, but it can yield great results if your judgment was right. Short-SellingThis tactic became well known during the GameStop drama at the beginning of 2021, though it has been used for decades earlier. In short – it is betting that a certain stock will go down in value. Although this can be manipulated if you are a large enough player, it is considered immoral by some. It is advised to make your evaluation and “bets” by using your own assessments and good judgment. Many companies use this tactic, from the big hedge fund companies as well as smaller brokers that deal in penny stocks. For instance, Timothy Sykes subscription stock-picking service gives examples of how you can trade in this way with penny stocks and how to recognize fantastic opportunities. In short selling, a sale is opened by borrowing shares of a stock that the investor believes will lower in value by a fixed future date. The investor then sells these same borrowed shares to buyers that are ready to pay the market price. Before the borrowed shares should be returned, the trader is betting that the price will continue to decline and they can purchase them for less money, thus making a profit. Dollar-Cost AveragingThis tactic is nowhere near as engaging as those mentioned above, but it still has its merits. Dollar-Cost averaging (DCA) is the method of making regular, relatively small, investments in the market over time. This process can easily be automated so that the money goes to preferred stocks, like those that have just started to rise after a dip, or a  similar situation.As investments happen at regular intervals it means that the average price of an investment will go down as you capture all prices, from high to low. This means that you will have a more stable portfolio, even though it is not theoretically the most profitable.  Keeping a Cool HeadNot a tactic per se, but it is still worth mentioning. Trading stocks is deeply rooted in how the human mind works and many oscillations in the market were caused by mass panic or illogical thinking due to the fear of losing money. This is, of course, not wise to operate out of either extreme, and should be avoided if possible. Try to keep a cool head at all times.When faced with a dip in any stock value you are given a choice – either to sell, hold or buy. The common logic is to sell before a dip, that is – before your assets lose their value. But by keeping a cool head during that first moment, you can probably judge the situation better and see if the dip will be very shallow, and maybe see that buying is better, as you will end up with more stocks for the next big plunge. Having a formal financial education just so a person can play the stocks is rare. But even without one, you can still receive an “informal” education by doing some quality researching. explore diverse strategies that can be used on the stock market, and brush up from time to time so your trading can net a profit. So don’t be shy – take your investments to the next level. Save my name, email, and website in this browser for the next time I comment. Support conservation and fish with NEW Florida specialty license plate Share on Facebook Tweet on Twitter LEAVE A REPLY Cancel reply You have entered an incorrect email address! Please enter your email address here TAGSBusinessDollar Cost AveragingFinancesInvestingInvestmentsMoneyPracticalShort SellingStock MarkettipsTrades Previous articleWater Filtration Methods: The Many Ways to Purify Your WaterNext articleRising Sales Of Luxury Homes Driven By Flexible Buyers Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here Please enter your comment! The Anatomy of Fear last_img read more

New Royal Patron for children’s charity

first_img Howard Lake | 25 September 2003 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Giving/Philanthropy Recruitment / people Volunteering Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. New Royal Patron for children’s charity  54 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Her Royal Highness Princess Michael of Kent is the new Patron of national children’s charity Dreams Come True.Dreams Come True was established in 1988 and aims to fulfil the treasured dreams of sick and terminally ill children.Commenting on her decision to become Patron, H.R.H. Princess Michael of Kent said:“With a family of my own, the welfare of children has always been a subject close to my heart. When I learned more about the work Dreams Come True does for seriously ill children, I could not help but be touched by their courage, some with the prospect of many months of painful treatment ahead of them. Any initiative which brings a ray of sunshine into their lives, no matter how brief, is something I would like to help and have therefore agreed to become the Patron to this deserving cause.”  53 total views,  1 views todaylast_img read more

Free financial infographic help for small charities

first_imgFree financial infographic help for small charities  294 total views,  3 views today Tagged with: Finance FREE infographic small charities Charities are being offered the chance to have a free infographic made for them, to illustrate their key financial information.Ocean, part of the Think Money Group, has launched the service for small to medium-sized UK charities, producing tailor-made infographics that show the charity’s chosen financial, as well as non-financial information.Bryony Pearce, marketing executive at Ocean said:“We are offering this service to charities to help them showcase how they allocate their funds with an image that will benefit them through effectively displaying some of their key information to supporters. We know small charities may not have the budget or resources to produce such materials themselves, and are hoping that by offering out this service free of charge, we will be able to help fill a gap.”There is no current time limit on the offer, and charities can contact Pearce at [email protected] for more information.Two examples of Ocean’s infographics: About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Advertisement Melanie May | 8 February 2016 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis9  295 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis9last_img read more

USDA Announces May 2021 Lending Rates for Agricultural Producers

first_img SHARE The U.S. Department of Agriculture (USDA) announced loan interest rates for May 2021, which are effective May 3. USDA’s Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures, or meet cash flow needs.Operating and Ownership LoansFSA offers farm ownership and operating loans with favorable interest rates and terms to help eligible agricultural producers, whether multi-generational, long-time or new to the industry, obtain financing needed to start, expand or maintain a family agricultural operation. For many loan options, FSA sets aside funding for historically disadvantaged producers, including beginning, women, American Indian or Alaskan Native, Asian, Black or African American, Native Hawaiian or Pacific Islander, and Hispanic farmers and ranchers.Interest rates for Operating and Ownership loans for May 2021 are as follows:Farm Operating Loans (Direct): 1.750%Farm Ownership Loans (Direct): 3.250%Farm Ownership Loans (Direct, Joint Financing): 2.500%Farm Ownership Loans (Down Payment): 1.500%Emergency Loan (Amount of Actual Loss): 2.750%FSA also offers guaranteed loans through commercial lenders at rates set by those lenders.You can find out which of these loans may be right for you by using our Farm Loan Discovery Tool.Commodity and Storage Facility LoansAdditionally, FSA provides low-interest financing to producers to build or upgrade on-farm storage facilities and purchase handling equipment and loans that provide interim financing to help producers meet cash flow needs without having to sell their commodities when market prices are low. Funds for these loans are provided through the Commodity Credit Corporation (CCC) and are administered by FSA.Commodity Loans (less than one year disbursed): 1.125%Farm Storage Facility Loans:Three-year loan terms: 0.375%Five-year loan terms: 0. 875%Seven-year loan terms: 1.375%Ten-year loan terms: 1.625%Twelve-year loan terms: 1.750% By USDA Communications – May 3, 2021 USDA Announces May 2021 Lending Rates for Agricultural Producers Previous articleMental Health in Good Times: Preventing Good Stress from Becoming Bad StressNext articleHAT Market Analysis for 5/3/21 with John Zanker of Risk Management Commodities USDA Communications SHAREcenter_img Facebook Twitter Sugar Storage Facility Loans (15 years): 2.000%Disaster SupportFSA also reminds rural communities, farmers and ranchers, families and small businesses affected by the year’s winter storms, drought, and other natural disasters that USDA has programs that provide assistance. USDA staff in the regional, state and county offices are prepared with a variety of program flexibilities and other assistance to residents, agricultural producers and impacted communities. Many programs are available without an official disaster designation, including several risk management and disaster assistance options.Pandemic SupportThrough September 1, 2021, FSA’s Disaster Set-Aside provision is available to direct loan borrowers who have been impacted by the pandemic. This enables an upcoming annual installment to be set aside for the year and added to the final installment. For annual operating loans, the loan maturity date may be extended up to twelve months in order to set aside the installment. This provision is normally used in the wake of natural disasters, and a second Disaster Set-Aside may be available for direct loan borrowers who already have a DSA in place on a loan due to another designated natural disaster.More InformationProducers can explore available options on all FSA loan options at fsa.usda.gov or by contacting your local USDA Service Center. Facebook Twitter Home Indiana Agriculture News USDA Announces May 2021 Lending Rates for Agricultural Producerslast_img read more

Udaras urged to offer new incentive package to keep Largo Foods in Gweedore

first_img WhatsApp Google+ Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Udaras urged to offer new incentive package to keep Largo Foods in Gweedore Facebook WhatsApp 365 additional cases of Covid-19 in Republic Twitter Udaras Na Gaeltachta is being urged to offer a subsidy to Largo Foods in an effort to retain jobs in Gweedore.The snacks maker yesterday announced it is moving all its manufacturing to Co Meath with the loss of 142 Donegal jobs – 70 jobs will be available in Meath for Gweedore staff prepared to move.The company says the high cost of manufacturing and transportation of its products in and out of Donegal led to the decision.MEP Pat ‘The Cope’ Gallagher says Udarus must offer more support to the company in a bid to keep the jobs………[podcast]http://www.highlandradio.com/wp-content/uploads/2014/03/largosatcope.mp3[/podcast]Meanwhile, Senator Brian O’Domhnaill is calling for a meeting between the Minister for Gaeltacht Affairs Dinny McGinley and management at Largo Foods.On the prospect of 70 staff currently based in Donegal to take up full time positions at Largo’s headquarters in Ashbourne, he says the offer is impractical………..[podcast]http://www.highlandradio.com/wp-content/uploads/2014/03/largosatbrian.mp3[/podcast] News Previous articleCastlefinn digester refusal appealed to An Bord PleanalaNext articleCope to run again in European Parliament Elections News Highland center_img Further drop in people receiving PUP in Donegal Google+ Gardai continue to investigate Kilmacrennan fire Main Evening News, Sport and Obituaries Tuesday May 25th By News Highland – March 15, 2014 RELATED ARTICLESMORE FROM AUTHOR Pinterest 75 positive cases of Covid confirmed in North Twitter Pinterestlast_img read more