how do traders in the rural areas ensure that their money is repaid promptly
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There are certain areas that are not covered such as. 'creation of money' (money multiplier) or ... survey on rural debt by the National Sample ... can ensure that the money is repaid.❤️
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At the beginning of the cropping season, the traders supplies the farm in puts on credit which is to be repaid when the crops are ready for harvest. Besides the interest charge on the loan, the trader also makes the farmers promise to sell the crop. This way the traders in the rural areas ensure that their money is repaid promptly.
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