Mention any two informal sources of credit.
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Answered by
21
1) nongovernment sources such as family ,friends, moneylenders,traders etc..
2) there is no organisation which supervises the credit activities of lenders in the informal sector
2) there is no organisation which supervises the credit activities of lenders in the informal sector
dolly7:
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Answered by
28
two informal sources of credit are :
1. the money lenders, traders are one among the informal sources of the credit.
2. family, relatives and even friends are the others in the informal sources of the credit.
1. the money lenders, traders are one among the informal sources of the credit.
2. family, relatives and even friends are the others in the informal sources of the credit.
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