What are the resources why the banks might not be willing to lend to certain borrowers? Write any three reasonss
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1).bank do not wish to give loans yo the poor who have no collateral.
2).the borrowers who have not repaid their previous loan,bank might not be willing to give loan.
3).Lack of their education and job,bank required proper documents and security against loans.
hope it helps somewhere
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Answer:
Banks might not be willing to lend to certain borrowers'. Why is it so? What can be done to solve this issue?
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