Social Sciences, asked by ambikadhinakar, 3 months ago


What is the source that provides most of the credit to rural households​

Answers

Answered by Anonymous
0

Answer:

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Explanation:

Money lenders are the main informal source of credit for rural household in India. Because in rural areas people do not have access to banks and other financial institutions.

Answered by tanya6968
1
moneylenders
The moneylenders are the most dominant source of credit in rural household. Moneylenders are the most dominant source of credit because poor people of rural India often do not have collateral to offer to banks as guarantee. Moneylenders give them the loan without any collateral.
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