Browse Ambrook’s collection of funding programs by New Mexico Farmers' Marketing Association (NMFMA)

Write a Pre-qualification letter according to these guidelines and email to  questions@farmersmarketsnm.org

Or mail to:
New Mexico Farmers' Marketing Association
1219 Luisa St. #1
Santa Fe, NM 87505

New Mexico Farmers' Marketing Association

The New Mexico Farmers' Marketing Association (NMFMA) is a nonprofit organization with a mission to support farmers and producers who grow and sell food at&#x2004;farmers' markets and other local and direct marketing venues in New Mexico.

With donations received, the NMFMA maintains an account at the Sandia Area Federal Credit Union (SAFCU) with funds to be used as collateral for small loans to New Mexico farmers. This enables the loans to be offered at a low interest rate and as the loans are repaid, the funds can be reused to secure new loans. It is reuse and recycling at its best!



The New Mexico Farmers' Marketing Association (NMFMA) is a nonprofit organization with a mission to support farmers and producers who grow and sell food at farmers' markets and other local and direct marketing venues in New Mexico.
With donations received, the NMFMA maintains an account at the Sandia Area Federal Credit Union (SAFCU) with funds to be used as collateral for small loans to New Mexico farmers. This enables the loans to be offered at a low interest rate and as the loans are repaid, the funds can be reused to secure new loans. It is reuse and recycling at its best!

To qualify for a loan, applicants must comply with each of the following:

1. Submit an NMFMA Pre-qualification Letter (per the published guidelines). Applicants may also call the NMFMA at (505) 983-4010 to request an application form by mail.
2. Become a Santa Fe Area Community Credit Union (SFACU) member by establishing an account with a $50.00 balance, and upon pre-qualification approval, complete a basic one-page NMFMA Loan Application.
3. Be a food producer or food vendor (for at least one year) at an NMFMA member market. New Mexico food producers/vendors or those affiliated with local food who do not sell at an NMFMA member market may contact NMFMA for possible assistance.
4. An exit interview may be requested at the end of the payment period.

Send Pre-qualification Letters to questions@farmersmarketsnm.org, or mail to: New Mexico Farmers' Marketing Association, 1919 Fifth Street, Suite H, Santa Fe, NM 87505. Questions: (505) 983-4010 or questions@farmersmarketsnm.org.

A payment that must be returned to the provider following specified terms of repayment and interest rate.

Loan

Farmers Market

Trade Relief

Certification

Distribution

Diversification

Events

Trade Show

Certified Organic

Food Systems

Local Food

Marketing

Loan Details
- Loan amounts available: $500 to $2,500
- Terms: 40 months, fixed interest rate of 6% (check with NMFMA for most current rate) There is no penalty for early repayment.

Complete the Second-Year Grant Application and mail it to the NMFMA at 1919 Fifth Street, Suite H, Santa Fe, NM 87505. Applications must be received by April 1 of a member market's second year of operation (exceptions are possible). Expenses are generally reimbursed on submission of a vendor invoice plus proof of payment; a market unable to cover upfront costs may arrange for the vendor to bill the NMFMA directly. All funds must be spent and submitted for reimbursement by November 15 of the year awarded.

The New Mexico Farmers' Marketing Association (NMFMA) offers noncompetitive grants of up to $500 to member farmers' markets in their second year of operation that are located in or adjacent to areas with high obesity/diabetes rates, food deserts, or Frontier and Remote (FAR) communities. The grants help with the start-up costs of opening a market and may be used for any expense that builds the market's capacity — signage, an information table, a fire extinguisher, a hand-washing station, and similar.



Applicants are farmers' markets (not individual farmers) in their second year of operation and members in good standing of the NMFMA — dues paid, the market's membership form submitted by May 1, and the previous season's market data submitted by December 31. The market must be located in an area with one of the following qualifications: in or adjacent to a food desert (per the USDA Food Access Research Atlas), in a Frontier and Remote (FAR) community, or in an area with a higher-than-average (>28%) rate of obesity/diabetes.

A lump sum of money for a specific purpose that does not need to be paid back.

Grant

Nutrition & Food Safety

Noncompetitive grant of up to $500 per second-year market, paid on a reimbursement basis (or by direct vendor billing by prior arrangement). Funds must be spent and reimbursement submitted by November 15 of the award year.

List of New Mexico Farmers' Marketing Association (NMFMA) Funding Opportunities