What Progress Have We Made to Increase Financial Inclusion through Movable Property Lending ?
Thursday, December 10, 2020
9:00 – 10:00 AM EST
This program is presented by the United States Agency for International Development (USAID), the world’s premier international development agency. This webinar is part of USAID’s “Principled Interest” series about bringing together diverse perspectives to discuss a range of development finance topics.
About the Program
Movable property lending (MPL) is the use of movable assets, such as vehicles, equipment, receivables, invoices, inventory or livestock, as collateral for loans. MPL increases borrowing opportunities for enterprises and individuals who lack fixed assets. It can serve a critical role in enabling entrepreneurs from developing countries with access to finance, enabling them to use movable assets as collateral.
Inclusive finance business models and Movable Property Lending (MPL) offerings have reached a point of maturity. COVID-19 has heightened the need of Small and Medium-sized Enterprises (SMEs) for access to finance. Movable property lending (MPL) is a solution that commercial finance companies can provide to (W)SMEs in the “Missing Middle” .
While many economies have developed legal frameworks for movable property-secured transactions and created modern web-based collateral registries, a number of barriers have limited widespread adoption of MPL in most developing economies. What progress has been made thus far, and what types of finance providers are using the approach?
In this webinar, we will review cases in which MPL increases borrowing opportunities for enterprises and individuals who lack fixed assets, such as land and buildings to offer as collateral. We will examine cases from Colombia, Kenya and Vietnam. The audience will learn tools to map the environment and decision making in the private sector; identify barriers preventing financial institutions from adopting and scaling MPL; learn specific tactics for financial institutions to overcome barriers to MPL adoption and scalability; and what opportunities are there for accelerating impact?
What is Dopkins Asset Based Lending’s role on helping women entrepreneurs in Colombia? Click to read more.
Partner, ABL Consulting Services
Senior Economic Growth Adviser for Gender
Team Lead, Development Finance/
Specialist Leader, Economic Development