English, asked by Himanshu1bjh, 1 year ago

what is informal credit

Answers

Answered by Mohsin137
5
AN OVERVIEW. The informal credit market is an important part of the financial system of the developing countries. They play a decisive role in channeling credit to small and poor borrowers in both urban and rural areas....
Answered by shruthakeerthi
1
the small and poor public of a developing country it is very important part of financial system . in informal credit there is no paper work.. so the money lender or the one who took money cannot go to court hope I am Right
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