Question

Explain with an example how the terms of credit can be unfavourable for the small farmers.

Answer 1

Answer:

a)small farmers normally have no collateral to pledge against loans. collateral is a asset that the borrowers owns and uses this as a guarantee to a lender until the loan is rapid small farmers can get cheap credit from sources like regional rural banks agriculture cooperative and s h g s

Answer 2

Answer:

Explanataion: