Question

amrith is a government employee and belongs to a rich urban household where as rani works as a helper on a construction site and comes from a poor rural household . both have a crisis at house and wish to take loan . create a list of arguments explaining who between the two would successfully be able to get the lone from a formal source . why?

Answer 1

Amrith would successfully get the loan than Rani because of the following reasons:
1. As Amrith being rich he can offer the collateral that bank required but Rani cannot as she is poor.
2. Amrith would also provide the required documentation that bank expect like Income status, Certificates.
3. He would be successfully able to promise the repayment through his income as it is steady and secured, whereas Rani cannot.

But Rani requires the loan at any cost but the rules of bank stop her from getting a loan.

^_^ Hope this Helps !!!