Social Sciences, asked by ashu400, 1 year ago

what are the various ways through which farmers can get loans

Answers

Answered by jack81
6
Farmers can get loan through bank and cooperatives

Answered by locomaniac
7
aloha user!
---------------

farmers can take loans through various ways.

✯ 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.

✯ the farmer can make a SHG or self help group from where he can get loans easily without collateral.

✯ moreover, a farmer can take loan from other informal sources such as friends, relatives et cetera.

----------------------------------------------------------------------------------------------------------
hope it helps :^)
Similar questions