Hey,
give three reasons why small farmers have to arrange capital by borrowing.
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3
- They do not have money.
- They do not get getting by selling things as they are forced to sell their things in less rate .
- They have no banks near them or no Collateral so that they can take loan from the banks .
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1
Answer:
the three reasons why small farmers arrange capital by borrowing are
- to buy seeds and water for irrigation
- to payback loan and high interest
- to use to use the money for festivals
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