
| Who Are We?
GlobaLand Group LLC is a Washington, DC based firm
To
this end, GlobaLand organizes consortiums that can survey and register
informal properties and the businesses they house, provide low cost
financing, and deliver valuable services like construction and
insurance to the bottom of the economic pyramid.
If your company or organization would like to become a GlobaLand Strategic Partner, please contact us today.
We
believe that the only solution to poverty is to empower the poor
themselves to take control of their economic lives. GlobaLand's
consortiums provide the poor with access to their
own frozen savings, convert their idle assets into investment capital,
and deliver the tools they need to make use of it.
Such a transformation depends sound
policy and good law. However, many
governments lack the resources and expertise to carry out reforms they have
accepted as necessary, a problem that is particularly acute in the area of land
policy.
Informal landholdings account for more than 90% of the plots in many developing
countries, trapping the savings of poor in illiquid assets. The cost of simply mapping and
titling these properties is in the hundreds of billions of dollars and heavily
indebted governments can ill afford such new expenditures despite the potential
fiscal, economic and social benefits.
The financial, technical and operational
hurdles make the prospect of national land regularization daunting to poor
governments and the cost is far too large to be paid out of aid coffers.
Moreover, even when reforms are made and titles issued, the new documents are
often unacceptable to local banks who view the micro-loan market as
unattractive. This limits the poor from participating in the benefits of
commerce and globalization.
Decades
of research and work by NGOs and international development
organizations have raised awareness for land rights issues, and
GlobaLand Group
is committed to continuing that work by mobilizing the private sector
to pick up where governments and aid organizations have left off.
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