Imagine you are member of a fishing family and you are discussing whether to take a loan from the bank for an engine what would you say?
Answers
Explanation:
Fishing families suffer a lot. Their life is full of risks. One season they catch a lot of fishes and other season they don't.
Due to this reason taking a loan from bank may add into their problems. For instance, if we take example of monsoon, these four months they survive on borrowing from traders to whom they sell their fishes later.
Same is the case with any natural disaster like tsunami.
Answer:
If I were a member of the fishing family, I would say we must take a loan from the bank for an engine to improve my income.
A poor fisherman cannot purchase the costly product for its business for eg. Catamaran engine. So the only option is to take a loan from the bank as well as the bank is a trusted institution than a money lender.