SLIDE 15 1) Provide land acquisition and land development credit to farmers, poor people, community organizations, groups who are going to loss their land 2) Promote, support community
- rganizations to manage land resource
3) Purchase, sell, lend, lease, hire purchase, exchange land etc.
1) Promote sustainable redistribution of land tenure and creation of Land Bank 2) Serve as match maker between
- wners of underutilized land and those
who need land to cultivate 3) Purchase private land and make it possible for small farmers, poor people to access to the land 4) Promote community based land management through common land title
Land d Bank Adm dministr strati tion Insti stitu tute te (LABAI)
Governing board Objectives Mandate/Authority Sources of budget
- President, appointed by cabinet
- 4 Ex Officio from 4 ministries
- 2 representatives from
community organizations
- 3 experts from relevant fields
- LABAI managing director as
secretary
1) Seed fund from government ($ 21.6 mil.) 2) Annual operation budget from govt. 3) Subsidies from other sources (if any) 4) Income from own business 5) Interest from own capitals
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