who exploits the farmers while taking loans and how??
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Agricultural loans are availed by a farmer to fund seasonal agricultural operations or related activities like animal farming, pisci-culture or purchase of land or agricultural tools. This type of loan also helps buying inputs such as fertilizers, seeds, insecticides etc.
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➡️ Money lenders
- Tʜᴇ ᴛʀᴀᴅᴇʀs ᴡᴏᴜʟᴅ sᴇʟʟ ɢᴏᴏᴅs ᴡʜɪᴄʜ ᴡᴇʀᴇ ɴᴏᴛ ᴘʀᴏᴅᴜᴄᴇᴅ ʙʏ ᴛʜᴇᴍ, ᴀᴛ ᴠᴇʀʏ ʜɪɢʜ ʀᴀᴛᴇs. Tʜᴇ ᴍᴏɴᴇʏ ʟᴇɴᴅᴇʀs ᴡᴏᴜʟᴅ ᴄʜᴀʀɢᴇ ʜɪɢʜ ʀᴀᴛᴇ ᴏғ ɪɴᴛᴇʀᴇsᴛ.
- Tʜᴇ ᴛʀᴀᴅᴇʀs ᴀɴᴅ ᴍᴏɴᴇʏʟᴇɴᴅᴇʀs ᴡᴏᴜʟᴅ ᴇxᴘʟᴏɪᴛ ᴛʜᴇ ᴛʀɪʙᴀʟs ʙʏ sᴇʟʟɪɴɢ ɢᴏᴏᴅs ᴀᴛ ʜɪɢʜ ʀᴀᴛᴇs ᴀɴᴅ ᴅᴇᴍᴀɴᴅɪɴɢ ʜɪɢʜ ɪɴᴛᴇʀᴇsᴛ ᴏɴ ᴛʜᴇ ʟᴏᴀɴs.
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