Coromandel Estate

Benefitting 248 beneficiaries in Lydenburg, Mpumalanga

Why was it started?
Farm workers wanted to move from labourers to owners

How was it done?
With funding from government and the Land Bank the farm workers bought the farm after the owner passed away and embarked on a mission to take over the operation

How was it funded?
Land Bank and government grant

Social and Economic Implications
Dividends are paid out to shareholders, they have also developed a sense of ownership