Financial expert analyzes: Donations and loans as a lifeline after a major fire in Bühl

Financial expert analyzes: Donations and loans as a lifeline after a major fire in Bühl

According to a report from bnn.de, the willingness to help after the major fire in Bühl is huge. The Huck farming family lost their existence in the fire and is dependent on donations and new loans in order to make a fresh start.

After the fire disaster, the family bought a used combine harvester and financed it with a loan because the insurance company had not yet paid a euro. The damage amounts to more than one million euros, and the insurance company only wants to pay a fraction of the damage for the destroyed machines. In order to fulfill their contractual obligations during the late summer harvest, new machines are needed, which the couple cannot afford without insurance support.

In addition, Carolin and Florian Huck have to finance high liabilities at the bank and for the construction of a second hall. The planned renovation of their home was put on hold because they lacked the money. The family relies on regional donations to cope with the new beginning.

The impact on the market and the industry is that the Huck farming family may not be able to survive without outside financial support. Consumers could benefit from regional products that the family would like to offer after the new beginning. The community's support of the family shows how important solidarity and help are in difficult times.

It is important that the Huck family continues to receive support to maintain their agricultural services and continue running their farm. Donations can be made to the Huck family via a specially set up account at Sparkasse Bühl or via PayPal to help them with their new start.

Source: bnn.de