Retail Development Bonds

The Mail & Guardian reports on the promise of retail development bonds:

Daniel Bradlow...is developing an investment product, in consultation with international and domestic financial institutions and development financing experts, that aims to create access to funding for smaller projects...Bradlow has mooted a retail bond along the lines of the government retail bond, which the public can invest in for a minimum of R500 for 10 years.
It provides a semi-annual return equal to the government’s retail bond, the underlying funds being used to develop small and micro- enterprise business and low-income housing in South Africa. So investors will be doing their bit to develop the country while making money themselves.