On 1/21/05, "Scott Kleinberg" <[EMAIL PROTECTED]> wrote: > If there are no sources of used machinery, perhaps he could lease > something -- using the funds he has to pay the lease for a specified > time -- with an option to buy later at a specified price. Often you may > be able to apply some of the leasing funds to the purchase price. It may > not be what he wants, but it may be what's available.
What is probably more urgent is to determine the size of his property. That way he can find a suitable resource, to work the land effectively. Without going for an overkill on Capital Outlay. If he gets a tractor there are lots of associated running costs that probably come into play, as well, does he have a plough or is he going to rent one? Can he use the tractor to plough for other farmers? Also there seem to be several low cost alternatives for traction, the Far East, for instance China, has many small scale farmer implements. Is he going to use the tractor to also pump water? If he is close to a village, he can also see what markets exist for utilizing the tractor, e.g. if a wagon is available he can take people to the local market once a week, or move produce. Alternatively the Village might need a tractor for Local Refuse removal, ..I know that in South Africa there was a neat Company that used Local Government Contracts to finance several small contractors, due to the three year contract as a surety... Also is there any advise given to him about alternative crops ("crop diversification") that might have higher yields... BTW, I assumed that they have a system likely close to what they use in SA, called a Stokvel, where a group pools a certain amount every month, then one individual gets the "kitty" or purse for the whole month, or they have a big event once a year. It can also be used as a Funeral expense pay-out system, which currently due to AIDS is severely straining this savings system. All the Best, d ------------ ***GKD is solely supported by EDC, a Non-Profit Organization*** To post a message, send it to: <[EMAIL PROTECTED]> To subscribe or unsubscribe, send a message to: <[EMAIL PROTECTED]>. In the 1st line of the message type: subscribe gkd OR type: unsubscribe gkd Archives of previous GKD messages can be found at: <http://www.edc.org/GLG/gkd/>