1. What is FRM?
Concept : To 65 year-old and over aged farmers, Thisis a system that keeps their own farmland as collateral and provide them pension for their a stable life after retirement.
Future directions : By securitizing farmland fund, to enjoy life of ease in their old age and maintain the security farm life.
A legal basis :
Korea Rural Community Corporation a
1. What is FRM?
1) Concept : To 65 year-old and over aged farmers, Thisis a system that keeps their own farmland as collateral and provide them pension for their a stable life after retirement.
2) Future directions : By securitizing farmland fund, to enjoy life of ease in their old age and maintain the security farm life.
3) A legal basis :
Korea Rural Community Corporation and A
Ⅰ. Introduction : What isFarmland reverse mortgage(FRM)?
Farmland reverse mortgage is a system that guarantees stable life for aged farmers. The government lends aged farmers money in security for their own farmland. This system helps farmer who lack money for old age by securitizing farmland fund. Furthermore, FRM aims to strengthen the farming social safety net. These are purpose of the
One child everyFIVE second DIES
In 2008, nearly 9 million children died before they reached their fifth birthday. One third of these deaths are due directly or indirectly to hunger and malnutrition.
More people die of hunger every year than from AIDS, malaria and tuberculosis combined.