Rethinking collateral: Using moveable assets to boost business in Liberia

November 19, 2015

In Liberia, individuals and small businesses are often unable to access loans because they do not have traditional collateral such as land or real estate. The Liberia collateral registry allows them to register their moveable assets, such as a vehicle or machinery, as collateral. Since its launch in June 2014, and despite the Ebola crisis, the collateral registry has provided access to over $226 million in loans.