Question

How do banks and moneylenders give loans to the farmers? Do you think borrowing from moneylenders is profitable, what are the alternate sources?

Answer 1

Money lenders generally give loans to farmers on high interest which becomes impossible for farmers to repay loan due to certain factors like crop failure or price drop etc. Borrowing loan from money lenders an become a risk and If farmers are unable to repay loan then they need to sell their land and they become landless. The alternate method is to take loan from bank bcz they give loan at low interest and also give tike to farmers and don't take their land...

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