How do small farmers get caught in debt?
Answers
Answered by
2
Answer:
Farmers usually take crop loans at the beginning of the season and repay the loan after harvest. ... So, the farmers have to sell a part of their land to repay the loan. Credit in such a condition pushes the borrowers into a situation from which recovery is painful and they get into the debt trap.
Answered by
2
Answer:
Farmers usually take crop loans at the beginning of the season and repay the loan after harvest. ... So, the farmers have to sell a part of their land to repay the loan. Credit in such a condition pushes the borrowers into a situation from which recovery is painful and they get into the debt trap.
Similar questions
Math,
1 month ago
Computer Science,
1 month ago
Social Sciences,
1 month ago
English,
2 months ago
English,
2 months ago
Physics,
9 months ago
English,
9 months ago