Nice. I like chiptune. It reminds me of Final Fantasy VII. Maybe because of the midi-ish sound and the banjo that is used on some of the songs in that game as well. Like for the chocobo farms.
The bell synth is cool as a lead instrument. Very light and happy. It sounds a bit like a toy piano. Maybe an actual toy piano sample would be even better. I already like this sound well enough though.
The saw wave I like least. It stands out too much and drowns out the other instruments with its sharp overtones. It doesn't fit a country folk song and isn't light enough for this song. Maybe a fiddle/violin or cello sample instead would've been better. If you need it at all. I don't know what melodic information that instrument gives that the other's don't but you would know better than I.
The distorted electric guitar is okay. I think I see where you're going, but it could be excecuted better. It doesn't sound quite like a country guitar and might just as well be a rock guitar. Too thin and harsh on the top. I know it's chiptune and you're limited in how to make the instruments sound, but maybe a little less distortion and more body would be nice. Like an hollow body Archtop guitar without a distortion/fuzz pedal driven into the pre-amp to get the overdrive from the amp itself, then down-sampled and played back on an snes sound-chip or whatever you use to make it chiptune.
The bass and the drum pattern are good they make it sound very country. Especially the tambourine on top.
It would be cool if the song looped. Like most chiptune/video game songs. That may to make sense for an end credit song, but I think it sounds more like a town theme or happy intermission kind of theme anyway.
The song drags on a little too much for it to loop nicely though. It's a constant variation on of the same themes. I think it could do with a break that's significantly different from the rest but still fits the country theme, where you introduce a new melody and rhythm to keep the listeners on their toes. That creates more variation and makes it more bearable to listen to it for longer periods of time.