Tapping into the Collateral Registry to Expand Credit Access
About this Module
This module aims to enhance subject matter expertise and knowledge on the role and usage of the Collateral Registry also known as ‘’Movable Assets Registry’’ to improve access to credit for Micro, Small and Medium Enterprises (MSMEs). Services offered by the collateral registry are known to complement those offered by Credit Reference Bureaus (CRBs) in a bid to ensure improved access to credit.
By the end of this course, the participants will be able to:
Define and describe the functions of a Collateral Registry
Explain the legal basis for the establishment of a Collateral Registry
Identify the benefits of a Collateral Registry to various users
Appreciate the challenges to its use
Familiarize with global and regional trends in the use of Collateral Registries.
The Movable Property Security Rights Act, 2017
Movable Property Security Rights (General) (Amendment) Regulations, 2018.