how can the cooperative help the borrowers
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Economics
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Banks and cooperatives need...
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Banks and cooperatives need to lend more to borrowers because _______.
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Banks and cooperatives need to lend more to borrowers because informal sources of credit lenders charge higher rates of interest and often changes terms and conditions.
Informal sources of credit could be exploitative in nature.
Informal sources of credit are relatives, friends and money lenders.
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