Social Sciences, asked by sumana21pamidi, 2 months ago


How do small farmers get caught in debt?​

Answers

Answered by shm0618007jasleen
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 shrutikumarisingh150
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.

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