By providing funds in line with the policies of the Basic Law on Food, Agriculture and Rural Areas, and those of the Basic Plan for Food, Agriculture and Rural Areas, the AFFF Unit actively supports efforts of farmers to improve their management with drive and innovative ideas.
Supporting Persons Engaged in Agriculture through Long-term Loans
Through Super L Loan and other long-term financing, the AFFF Unit supports management improvements such as scale expansion, cost reductions and Sixth Industrialization (e.g., processing, sales, and other business undertaken integrally by agricultural, forestry, and fishery businesses to increase the added value of products) by diverse local farmers, including corporate-run rice growing, horticulture, livestock farming, and other operations, as well as large-scale family-run operations, new farmers, and companies entering the agriculture field.
Exercising Safety Net Functions following Disasters and Changes in Business Conditions
The AFFF Unit offers dynamic support in the form of long-term working capital loans to provide agricultural operators as a safety net function against short-term crises such as natural disasters including earthquake and typhoon, etc., contagious livestock diseases, falls in the price of agricultural products, and rises in feed prices.
The special loans (uncollateralized and unguaranteed) for livestock farming that began in January 2013 as a measure against rising compound feed prices saw greatly increased use during FY2013.
The AFFF Unit supported reconstruction efforts, primarily equipment funds, for agricultural businesses affected by the Great East Japan Earthquake.