Question

Give any two examples of informal sector of credit

Answer 1

Money lenders and taking loan from people

Answer 2

$hey \: dear \: here \: is \: your \: answer$

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EXAMPLE OF INFORMAL SECTOR OF CREDIT : money lenders, traders employers, relatives,friends etc.

✯ they charge high interest on loans, as a result, the coast to the borrowers of informal loans is also very high.

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$hope \: this \: helps \: u \: dear$
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