Give two examples of informal sector of credit?
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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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shanaya⭐
hope it's help
shanaya⭐
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gd mrng dear ❤❤
examples of informal sources of credit are;
friends, relatives, co workers, money lenders and neighbours
examples of informal sources of credit are;
friends, relatives, co workers, money lenders and neighbours
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