Economy, asked by taruna55, 1 year ago

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

Answers

Answered by dii
0
money lender
relatives
friends
Answered by shek99
0
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.)
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