‘Land and income’ LTD
‘Land and income’ LTD was established in 2003. The association provides access to tangible assets of the participants in the program. The financial schemes which LTD offers to the individuals and families taking part in the program are for: 1) purchase of land; 2) long-lasting tangible assets (small tractors, farm equipment, perennial plants, etc.), and 3) transient tangible assets (fertilizer, chemicals, etc.)
All of the schemes have three main components: 1) proper participation; 2) raise of the cost; 3) a guarantee for the allocated funds. With the requirement of proper participation we seek to select the serious candidates for participation in the program who are also inclined to invest some of their own means in the initiative. With the deficit of the interest we seek to protect the fund from the inflation processes and cover most of the expenses for operation of the schemes. As a guarantee for the allocated funds we use land, purchased through a program, or personal resources of the participant. With the requirement for a guarantee we aim for keeping the means even when the participants cannot afford to pay.