Bringing More Dead Capital to Life
Author (s):
USAID
Date:
December 2006
Publication (if applicable):
RAFI Notes
Abstract (if Available):
Worldwide, the best known and most utilized form of collateral is real property—land and the buildings on it. Unfortunately, many people in developing countries do not own real property, or not in a manner that banks recognize as acceptable collateral. Farmers often own land, but even if they have titles, they may be understandably hesitant to risk their newly titled holdings to secure loans. Others may only rent or hold customary rights, which are generally not accepted as collateral. More options are needed to expand access to secured lending in the agricultural sector.
URL:
Bringing More Dead Capital To Life
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