Rose Mountain Farm is situated in the valley of Big Horse Creek, North Carolina. We produce mixed veggies and pastured pigs. This capital will triple my growing area and extend my growing season.
Use of Funds
Given the steep slope of most mountain properties, terracing is needed. Additionally, adding a second high tunnel and four caterpillar tunnels will extend my production and allow for a part-time employee. With the expanded area and extended season, I will be adding a second Saturday market and diversifying my crop mix with new vegetable varieties.
Accessing funds through a Steward loan for this expansion will allow my project to move forward more quickly and smoothly. Having the ability to hire a few hands sporadically when construction requires, and assistance with markets takes capital. Dozing for the terracing is expensive and it needs to be done all in one visit so that I do not have to endure the cost of equipment transportation more than once. I want to work with Steward because of their business model and my ability to invite my community to share in the success of my farm business.
Regenerative Agriculture Practices
Integrated pasture management using livestock
Undisturbed mature forest maintained on the property
Elderberry, ninebark and red twig line the springs for erosion protection
Pastures are cross fenced to support livestock rotation
Steward is excited to partner with Ann Rose to help her expand production and grow her farm business. Rose Mountain Farm serves their local community through C.S.A. shares and weekly markets. We have been impressed with their attention to detail while planning this project and are excited to see how Rose Mountain Farm can flourish with this additional capital.
March 25, 2021
This process to fund my expansion has been smooth and quick. I am honored with the trust you all have in my project. I am looking forward to this season and the new opportunity that awaits. I do not have the words that express my gratitude. Onward!
March 19, 2021
Getting One Foot In Front Of Another!
A big shout out to those of you who have gotten the ball rolling for me and this project. I am super excited to see how this year plays out here in Appalachia!
This loan will be made to Rose Mountain Farm LLC, a North Carolina limited liability company, who produces vegetables and pasture-raised pork for their community.
This loan will be used to add terracing and caterpillar tunnels to the farm as well as pay for other 2021 expenses. This will expand the production area and extend the growing season.
The total loan amount is $20,000 which will assist Rose Mountain Farm in growing and expanding their business.
This loan is set at an 8% interest rate, with a 60-month term, and fully amortized monthly payments beginning in 3 months after funds are disbursed.
Greenhouse - $800: paying down the final amount on the greenhouse.
Caterpillar Tunnels - $5000: 14x100 pro x 4/ 4doors
Farm Supplies - $2290: one time farm-tools purchase
Seasonal Farm Labor- $1200: paid at $13/hr
Packaging Supplies - $3000: picking totes and produce packaging for sale
Terracing - $3500: bulldozer operator doing this work in the spring of 2021
Built-in Winter Savings- $4,000: accounting for lower sales in the winter months