Question

what are the various ways through which farmers can get loans? write their advantages and disadvantages ?​

Answer 1

Answer:

the ways they can get loan from formal sectors such as bank and informal sectors such as their friends or landowners or relatives

disadvantages are as follows for informal sector's

Explanation:

informal sectors sectors give high interest on loan and they take collateral and

formal sectors such as bank will check all the documents and its a long process

Answer 2

✯ they can take loans fem zamindars which come in informal sources of credit. they charge huge amount of interest and exploit the farmers.

✯ the farmers can take loans from banks which come in formal sources of credit. they charge less amount of interest than zamindars