Question

krishana is working in a neighbouring feild with very less wages expenses on and family also met through loans landowner charges an intrest rate of the 5% per month that person she wants the land of landowner is 5000​

Answer 1

Answer:

oifv]

Explanation:'oj'vanv 'asdiohv b;SIJDckjmmnhbjav

Answer 2

Informal sources of credit

Explanation:

• Informal credit operations involve lending, generally at short-term, amongst relatives, friends, landlords, kin members, shopkeepers, neighbours,  artisans, farmers, village moneylenders, marketing intermediaries, itinerant traders, other local income groups.
• Informal loans include various conventional non-institutional forms of loan accumulation and extending credit. Although informal credit markets exist in urban areas, the term generally applies to rural, informal credit markets where there is no institutional loan or inadequate to meet the needs of local professionals.
• No state or private entity is involved in handling or controlling the credit activities carried out by informal sources. The credit terms are adjustable for the personal benefit of the borrowers. They typically charge higher interest rates and use the customers to support themselves.