To be eligible for loans under this chapter, an applicant shall be:

(1) A qualified farmer, a person under the new farmer program, or a part-time farmer;

Terms Used In Hawaii Revised Statutes 155-10

  • New farmer: means a new farm enterprise or a person, who by reason of ability, experience, and training, is likely to successfully operate a farm and who otherwise meets the eligibility requirements of § 155-10 and includes any of the following:

    (1) Persons displaced from employment in an agricultural production enterprise;

    (2) College graduates in agriculture;

    (3) Community college graduates in agriculture;

    (4) Members of the Hawaii Young Farmer Association and National FFA Organization graduates with farming projects;

    (5) Persons who have not less than two years' experience as part-time farmers;

    (6) Graduates from farm trainee programs designed to provide interns with the necessary hands-on skills and management training to successfully operate their own farm;

    (7) Persons who have been farm tenants or farm laborers; or

    (8) Other individuals who have for the two years last preceding their application obtained the major portion of their income from farming operations. See Hawaii Revised Statutes 155-1

  • Part-time farmer: means a person of proven farming ability who:

    (1) Has been operating the person's farm for at least two years on land owned by the person in fee or on land rented or leased from others;

    (2) Is presently devoting a portion of the person's time to farming; and

    (3) Derives between twenty-five to fifty per cent of the person's net cash income from direct participation in farming in its broadest sense. See Hawaii Revised Statutes 155-1

  • Qualified farmer: means a person of proven farming ability who operates the person's own farm on land owned by the person in fee or on land rented or leased from others and who is presently devoting, has recently devoted, or intends to devote most of the person's time or who derives a major portion of the person's net cash income from direct participation in farming in its broadest sense. See Hawaii Revised Statutes 155-1
(2) A citizen of the United States who has resided in the State for at least three years, or any permanent resident alien who has resided in the State for at least three years; provided that this requirement shall not apply to applicants for class “D” loans who otherwise qualify;
(3) A sound credit risk with the ability to repay the money borrowed; and
(4) Willing to carry out recommended farm management practices.