Due to which obstacle are certain borrowers unable to get a loan from the banks? Network of the country?
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Answer:
Certain borrowers are unable to get loan from banks because of 2 reasons....
1) either they don't have the required docs for loan...
2) they fail to give the collateral to the banks
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The banks might not be willing to lend certain borrowers for the following reasons: (i) Banks require proper documents and collateral as security against loans. Some persons fail to meet these requirements. (ii) The borrowers who have not repaid previous loans, the banks might not be willing to lend them further
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