17 land reform beneficiaries from the Longvale Trust
Alexandria, Eastern Cape
How was it done?
Walter Biggs suggested a share milking scheme, he provided the moveable assets (cattle, machinery, management) and the trust provided the fixed assets, including the land and the required structural improvements. Walter then offered a R1,7 million start-up loan.
How was it funded?
Land Bank loan
R1,7 million loan from Walter Biggs
Tel : + 27 84 081 164