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A decentralised asset registry to expand access to finance for the agricultural sector in South Africa
Over 61 percent of Africans are involved in agriculture; of this, only a few have access to financial services catered for their business. To get financial assistance, farmers have to provide sufficient collateral in the form of land, machinery and other large assets, many of which they do not own....
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| Format: | Thesis |
| Language: | English |
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African Institute of Financial Markets and Risk Management
2020
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| _version_ | 1867613150253154304 |
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| access_status_str | Open Access |
| author | Mzuku, Kungela |
| author2 | Georg, Co-Pierre |
| author_browse | Georg, Co-Pierre Mzuku, Kungela |
| author_facet | Georg, Co-Pierre Mzuku, Kungela |
| author_sort | Mzuku, Kungela |
| collection | Thesis |
| description | Over 61 percent of Africans are involved in agriculture; of this, only a few have access to financial services catered for their business. To get financial assistance, farmers have to provide sufficient collateral in the form of land, machinery and other large assets, many of which they do not own. Instead, farmers own mostly agricultural assets such as cattle, pigs and crop trees. The aim of this study is to make use of the agricultural resources available to farmers as collateral for financial loans. This was achieved through the development of a decentralised agricultural registry between farmers and the financial sector. Through an exploratory study, it was found many African countries introduced Movable Property laws to help increase acceptable collateral for financial loans. Unfortunately, many limitations were encountered which resulted in the adoption of the laws to be extremely low. As a result, this paper looks to blockchain technology as a solution as it would allow for transparency between farmers, government and financial sector. By creating a decentralised agricultural registry, farmers can register their biological assets and financiers can verify that the assets exists, are healthy and are currently not being used as collateral in another loan agreement. It is hoped that the registry can be used as a tool when financial agreements between farmers and banks are conducted. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/31069 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:31:34.243Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | African Institute of Financial Markets and Risk Management |
| publisherStr | African Institute of Financial Markets and Risk Management |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/31069 A decentralised asset registry to expand access to finance for the agricultural sector in South Africa Mzuku, Kungela Georg, Co-Pierre Finance Over 61 percent of Africans are involved in agriculture; of this, only a few have access to financial services catered for their business. To get financial assistance, farmers have to provide sufficient collateral in the form of land, machinery and other large assets, many of which they do not own. Instead, farmers own mostly agricultural assets such as cattle, pigs and crop trees. The aim of this study is to make use of the agricultural resources available to farmers as collateral for financial loans. This was achieved through the development of a decentralised agricultural registry between farmers and the financial sector. Through an exploratory study, it was found many African countries introduced Movable Property laws to help increase acceptable collateral for financial loans. Unfortunately, many limitations were encountered which resulted in the adoption of the laws to be extremely low. As a result, this paper looks to blockchain technology as a solution as it would allow for transparency between farmers, government and financial sector. By creating a decentralised agricultural registry, farmers can register their biological assets and financiers can verify that the assets exists, are healthy and are currently not being used as collateral in another loan agreement. It is hoped that the registry can be used as a tool when financial agreements between farmers and banks are conducted. 2020-02-13T08:50:51Z 2020-02-13T08:50:51Z 2019 2020-02-13T07:17:04Z Master Thesis Masters MPhil http://hdl.handle.net/11427/31069 eng application/pdf African Institute of Financial Markets and Risk Management Faculty of Commerce |
| spellingShingle | Finance Mzuku, Kungela A decentralised asset registry to expand access to finance for the agricultural sector in South Africa |
| thesis_degree_str | Master's |
| title | A decentralised asset registry to expand access to finance for the agricultural sector in South Africa |
| title_full | A decentralised asset registry to expand access to finance for the agricultural sector in South Africa |
| title_fullStr | A decentralised asset registry to expand access to finance for the agricultural sector in South Africa |
| title_full_unstemmed | A decentralised asset registry to expand access to finance for the agricultural sector in South Africa |
| title_short | A decentralised asset registry to expand access to finance for the agricultural sector in South Africa |
| title_sort | decentralised asset registry to expand access to finance for the agricultural sector in south africa |
| topic | Finance |
| url | http://hdl.handle.net/11427/31069 |
| work_keys_str_mv | AT mzukukungela adecentralisedassetregistrytoexpandaccesstofinancefortheagriculturalsectorinsouthafrica AT mzukukungela decentralisedassetregistrytoexpandaccesstofinancefortheagriculturalsectorinsouthafrica |