SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Structure a banking-related financial solution to meet an agricultural business need 
SAQA US ID UNIT STANDARD TITLE
7349  Structure a banking-related financial solution to meet an agricultural business need 
ORIGINATOR
SGB Banking and Micro Finance 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  20 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
Persons credited with this unit standard will be able to do an on-site evaluation, draw up a comprehensive report, identify the agricultural product options that meet a client`s needs, structure a financial solution and complete the documentation. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
In addition to a thorough knowledge of agriculture and agricultural markets, persons attempting this unit standard are required to have strong business skills and competence in financial analysis, as well as a thorough knowledge of the range of agricultural banking products. This unit standard should be completed in conjunction with the unit standard to determine the financial needs of a business (SFS011) and to assess the viability of a business opportunity (SFS012). 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Carry out an on-site evaluation to gather the technical information required. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Fixed (land) and moveable (stock, produce) assets are ascertained as stipulated by the bank. 

ASSESSMENT CRITERION 2 
2. Production circumstances and quality are established to determine whether they are in line with good farming practice. 

ASSESSMENT CRITERION 3 
3. Immediate environmental developments and activities are determined to establish their potential impact on the future value of the agricultural entity. 

ASSESSMENT CRITERION 4 
4. The security of stocks and assets are established according to the bank's guidelines. 

ASSESSMENT CRITERION 5 
5. A comprehensive report of all relevant factors is drawn up according to the bank's guidelines. 

SPECIFIC OUTCOME 2 
Complete the current and projected information. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Using the on-site evaluation report, the overhead and enterprise budgets are drawn up according to the bank's guidelines. 

ASSESSMENT CRITERION 2 
2. The current or projected existence of contracts and encumbrances is ascertained as required by the bank. 
ASSESSMENT CRITERION RANGE 
Including but not limited to agricultural co-operative contracts.
 

ASSESSMENT CRITERION 3 
3. The projected cash flows are prepared for the bank and the agricultural co-operative according to bank guidelines. 

ASSESSMENT CRITERION 4 
4. The actual and projected end balance sheets are drawn up according to the bank's guidelines. 

ASSESSMENT CRITERION 5 
5. The projected income statement is drawn up according to the bank's guidelines. 

ASSESSMENT CRITERION 6 
6. The projected financial ratios are drawn up as required by the bank. 

SPECIFIC OUTCOME 3 
Identify the agricultural product options that meet a client's needs. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The client's needs are reviewed in discussion with the client in the manner required by the bank. 

ASSESSMENT CRITERION 2 
2. Agricultural product options are identified in terms of match with the client's needs, taking into account any client provisos. 

ASSESSMENT CRITERION 3 
3. Agricultural product options are evaluated in terms of match with the business need. 

SPECIFIC OUTCOME 4 
Structure an appropriate solution. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. A suitable product or range of products is selected in line with the needs of the client. 

ASSESSMENT CRITERION 2 
2. The financial profitability and risk associated with each option are assessed in line with the bank's procedures. 

ASSESSMENT CRITERION 3 
3. Appropriate pricing is determined for each option in line with the bank's guidelines. 

ASSESSMENT CRITERION 4 
4. Solutions are evaluated in terms of match with the business need. 
ASSESSMENT CRITERION RANGE 
Including but not limited to features and benefits, pricing, risk, client provisos.
 

ASSESSMENT CRITERION 5 
5. The most appropriate solution in terms of best fit is selected as per the bank's policy. 

ASSESSMENT CRITERION 6 
6. A justification is prepared according to the bank's guidelines. 

SPECIFIC OUTCOME 5 
Complete the documentation. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The required documentation is collected and completed according to the bank's procedures. 
ASSESSMENT CRITERION RANGE 
Including but not limited to the business's financial information, the finance agreement, supporting legal documents.
 

ASSESSMENT CRITERION 2 
2. The required documentation is verified and signed by authorised signatories of both the client and the bank according to the bank's procedures. 

ASSESSMENT CRITERION 3 
3. The client contact is recorded promptly and accurately in the manner required by the bank. 

ASSESSMENT CRITERION 4 
4. The documentation is forwarded to the relevant department as per stipulated procedure. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.

2. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.

3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution which is accredited by the relevant ETQA. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Detailed knowledge of specific banking policies and procedures relating to the function/tasks performed.
  • The ability to apply financial analysis skill to evaluate an agricultural entity`s financial position.
  • The ability to express analysis and judgement clearly both in written and verbal communication.
  • Operating and computer systems knowledge sufficient to locate the necessary information and complete the function/task.
  • An understanding of basic elements of business credit risk and principles of sound lending.
  • A broad knowledge of a wide range of banking products.
  • Good customer relation skills. 
    		•


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made when using the on-site evaluation report, the overhead and enterprise budgets are drawn up according to the bank`s guidelines. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one`s activities responsibly and effectively when using the on-site evaluation report, the overhead and enterprise budgets are drawn up according to the bank`s guidelines. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, organise and critically evaluate information when the projected cash flows are prepared for the bank and the agricultural co-operative according to bank guidelines. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and language skills in the modes of oral and written presentations when the client`s needs are reviewed in discussion with the client in the manner required by the bank. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems when the projected cash flows are prepared for the bank and the agricultural co-operative according to bank guidelines. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Contribute to the full personal development of each learner and the social and economic development of society at large, by making it the underlying intention of any programme of learning to make an individual aware of the importance of:
  • reflecting on exploring a variety of strategies to learn more effectively;
  • participating as responsible citizens in the life of local, national and global communities;
  • being culturally and aesthetically sensitive across a range of social contexts;
  • exploring education and career opportunities; and
  • developing entrepreneurial opportunities.
    when the most appropriate solution in terms of best fit is selected as per the bank`s policy. 
    		•

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Legal Requirements:

    All procedures must meet recognised codes of practice as well as obligations required under current legislation within South Africa and within the normal parameters of the defined job/task. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Absa Learning & Development 
    2. AFRICAN BANK LTD 
    3. Chartall Business College 
    4. Plumb Line Risk Alignment 
    5. Riverwalk Trading 151 CC trading as Culhane Consulting 
    6. Standard Bank Personal and Business Banking 
    7. The Institute of Literacy Advancement 
    8. THE SHERQ CENTRE OF EXCELLENCE PTY LTD 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.