Alternative Financing Structures
November 16, 2016
After Apartheid officially ended in South Africa, economic justice, especially along racial lines, remained a major issue. Even to this day, 72% of adults in Southern Africa are excluded from financial services. Shared Interest identified the use of loan guarantees as a way of facilitating the provision of loans to previously excluded segments of the population. Since 1994, they have issued over $24 million in guarantees, leading to $113 million in loans issued.
Donna Katzin and Casey Cline joined us to speak about the use and the structuring of loan guarantees and shed some light on the specific context of Southern Africa, highlighting how guarantees can be a powerful tool in other regions as well.
