KENTUCKY AGRICULTURAL FINANCE CORPORATION

The Kentucky Agricultural Finance Corporation (KAFC) was created by statute in 1984. In 2002, the Kentucky Agricultural Development Board, as part of the Long-term Plan for Agriculture Development, recommended that KAFC be restructured to provide capital access for agricultural diversification and infrastructure projects. In keeping with that priority, KAFC was awarded Agricultural Development Funds in July 2003 to accomplish its mission.

KAFC addresses the unique financing needs of agriculture in the Commonwealth. The mission of the KAFC Board is to strengthen Kentucky agriculture by providing access to low-interest loan programs through joint partnerships with local lending institutions. KAFC assists beginning farmers, farm families, and agribusinesses in obtaining the necessary capital to establish, maintain, or expand their agricultural operation.

The KAFC meets monthly to review and approve loan applications. To learn more about KAFC loan programs, the KAFC board, and KAFC meeting schedule visit the links to the right.