how do small farmers get loan for farming? will their conditions be different if they obtain loan from the bank.
(class 9 economics ch 1 The story of palampur) pls ans it's very urgent
Answers
Answered by
1
Answer:
small farmers get loan from big farmers, landlord
yes there condition will be different if they take loan from bank because it has a high interest which the small farmers can't afford
hope it helps
Answered by
1
Answer:
Yes, small farmers get loan from the local moneylender in their area with low interest. Banks can give high loan and even the interest also is high and the farmer must give the whole money that he gets in the harvest.
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