### Question
How is the "eligible participant" defined?


### Answer
The term **eligible participant** is defined in *7 U.S.C. § 1983b* as follows -

> a qualified beginning farmer or rancher that—


(A) lacks significant financial resources or assets

#### Citation:
  - *7 U.S.C. § 1983b*
  - Heading: **CHAPTER 50-AGRICULTURAL CREDIT > SUBCHAPTER IV-ADMINISTRATIVE PROVISIONS**

