Main content

Zimbabwe in 'goats for loans' policy

The government of Zimbabwe has come up with a bright new idea to help people in the country borrow money. The plan is to make livestock - like goats, cows and sheep - eligible for use to back bank loans. Under legislation introduced in parliament this week, borrowers would be allowed to register "movable" assets, including motor vehicles and machinery, as collateral. Peta Thornycroft is a freelance journalist in Zimbabwe. The BBC's Marie Keyworth asked her why the government were doing this. (Picture: boy drinks goat milk on a family farm. Photo by Per-Anders Pettersson/Getty Images)

Release date:

Duration:

4 minutes