what are the various source of credit in rural area?which one of them is most companion souce of credit and why is convenint give examole
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money lender
relatives
friends
relatives
friends
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there are many sources for credits in rural area :
1- Freinds.
2- Family memebers.
3- money lender (convenient )
4- Bank ( it is more convenient )
Because poor people / farmers are not capable to grow crops or start new business. In this situation bank can work good, it provides good credit on low interest charge.
( may it help u.)
1- Freinds.
2- Family memebers.
3- money lender (convenient )
4- Bank ( it is more convenient )
Because poor people / farmers are not capable to grow crops or start new business. In this situation bank can work good, it provides good credit on low interest charge.
( may it help u.)
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