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*Vehicles, livestock and furniture to be used as collateral for loans* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ep Entrepreneurs without immovable property like houses will soon be able to access loans from financial institutions using vehicles, livestock and furniture as collateral security once the proposed Movable Property Security Interest Bill is passed into law. This was revealed by President Mugabe as he officially opened the Fourth Session of the Eighth Parliament in Harare yesterday where he set the legislative agenda for the fourth session. Speaking on the Bill, Mugabe said, ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > This Session of Parliament will allow Livestock, cars to unlock bank loansĀ also consider the Movable Property Security Interest Bill, which seeks to increase access to credit for the majority of our emerging entrepreneurs. A collateral registry will be established to facilitate the use of movable property, including cars, livestock and furniture, as collateral for loans. He also revealed that Parliament will considerĀ 35 pieces of legislation this session. More: Herald itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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