News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*You can now use your goats and any of your livestock to get loans says POSB CEO* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bs Admore Khandlela, the Chief executive officer of the Post Office Savings Bank (POSB) recently told a Small to Medium Enterprises Development Forum that banks were now able to accept goats and other livestock as security for loans. Said Khandlela: ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > When you look at it (Bill), it’s actually simplifying the whole process of doing business. I know people joked so much about it before the Bill was actually being crafted but it’s now out. > I don’t know how many of us have seen it (Bill); that you can now use your goat, any of the movable assets. > I know people literally even talked about goats. Yes, it was a joke but it’s a fact. If you have animals out there, it’s happening in Australia by the way. In Ghana, in Kenya, those things are happening and they are working. > Although some banks may resist because it’s happening against traditional factors, some of us have had experiences; we won’t bother much with that. We will actually move with it and time will actually catch up with it. More: New Zimbabwe _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback