Question

what is informal credit ​

Answer 1

Informal Credit. ... Informal credits are supplied at little or no interest to farmers, local poor people and marginal professionals of various groups, relatives, and friends. Usually the traders, large landowners, and moneylenders dominate as the suppliers of informal credit.

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Answer 2

Informal credits are supplied at little or no interest to farmers , local poor people and friends .

Usually the traders , large landowners, and moneylenders are the suppliers of such credits .