Emmerson Njanjamangezi, Group Features Editor 
ZIMBABWE Association of Micro Finance Institutions (Zamfi) says the central bank needs to speedily implement the collateral registry system to improve credit access for small businesses.
The system, which allows for the securitisation of movable property, has been in the making since 2017 and is part of the central bank’s financial inclusion agenda.
The Collateral Registry System is expected to centralise the database of movable assets accepted by banks and microfinance institutions (MFIs) as collateral for secured loans.
“In over 80 percent of countries in sub-Saharan Africa, the major issue is not the availability of lines of credit but accessibility.
“Accessibility has been the major issue that has been prohibiting SMEs’ access to finance,” Godfrey Chitambo, the Executive Director of Zamfi said in a recent interview with The Financial Gazette.’
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