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 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 requirements:
- Only members of the NMFMA are eligible to apply. Join the NMFMA here.
- Submit an NMFMA Pre-qualification Letter (download guidelines here). Applicants may also call the NMFMA at (505) 983-4010, to request an application form by mail or fax.
- Must be a SFACU member by establishing an account at SFACU with a $50.00 balance, and upon pre-qualification approval, fill out a basic one-page NMFMA Loan Application.
- Must be a food producer or food vendor (for at least one year) at an NMFMA member market. If you are a New Mexico food producer, food vendor, or are affiliated with local food who does not sell at an NMFMA member market, please contact us and we may be able to help.
- We may request an exit interview at the end of the payment period.

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

Loan

Farmers Market

Trade Relief

Events

Certification

Diversification

Distribution

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.


Grant applications are currently closed for 2021; stay tuned for release of 2022 grant application.

Sarah Grant

Ashley Taylor

These farmer grants have two specific purposes, and your proposal must meet one of them: 

- To expand specialty crop varieties and/or crop volume sold through New Mexico retail outlets; 

- To pilot or expand regenerative agriculture practices.



These farmer grants have two specific purposes, and your proposal must meet one of them: 
- To expand specialty crop varieties and/or crop volume sold through New Mexico retail outlets; 
- To pilot or expand regenerative agriculture practices.

- New Mexico Farmers who meet one of the stated grant objectives, and who are an “Individual Farmer Member” of the NMFMA ($25/year). 
- Farmers must contribute a 50/50 cost-share on the project (may include labor). 
- Farmers must be willing to work with NMFMA staff during the growing season for regular progress check-ins on their farm. 
- Farmers must submit a short Work Plan showing what activities will be performed during the grant period (April 1 - Dec. 1) 
- Farmers must participate in a year-end “event and/or write a short report to share lessons learned from their project. 
- It is encouraged (but not required) to collaborate with your local Co-op Extension agent or other farmers.

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

Grant

A payment that requires some percentage of matching contributions by the recipient.

Cost Share

- 2020 Brochure
- Sample project budget
- Budget Template

Cover Crops

Certified Grassfed

Carbon Capture

Soil Health

Training

Reduced Tillage

Conservation

Grants up to $3,000 each. Smaller amounts are fine. Each grant must be met with a 50% costshare (“match”) by farmer. 

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

Micro-Loan Program for New Mexico Farmers

Local Farmer Innovation Enterprise Grants (LIFE)