Many more contextual info are necessary on decision-and work out as much as property and you will credit areas within the north Ghana

At exactly the same time, but not, respondents (borrowing officers) basically got misgivings in which moveable functions, by coverage, may also be used just like the security to gain access to credit off economic establishments. Most the participants you can expect to cite at the very least a couple of cases inside which financial institutions recognizing it got defrauded. You to definitely borrowing-officer listed:

To our participants, they were all of the crucial factors for protecting financing

The experience usually would be the fact unethical customers could easily defraud financial institutions playing with movable features as equity. Particular usually flow say vehicles which were put while the collateral in order to neighbouring nations on the market. The fresh other upcoming absconds from the country for many years and you will not even the brand new guarantors can easily be tracked.

Recognizing movable characteristics given that security is viewed from the respondents as the a large challenge during the Ghana, since the creditors commonly categorise them since the erratic businesses you to expose banking institutions to help you comparatively large credit exposure and you can extraordinary deal costs in the tracing deceptive debtors. Leer más