Whole Foods wants more producers to switch over to organic to supply its stores. And it has launched the Local Producer Loan Program to help them get there.
Whole Foods has developed a loan program to help family farmers make the transition. According to an article in the Chicago Tribune, Whole Foods has pledged to lend up to $10 million nationwide to farmers who want to expand production, or transition into organic production. Loans are limited to a maximum of $50,000.
The grocery retailer has teamed up with Sustain, a non-profit group which promotes organic and sustainable agriculture, to administer the program.
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