Economy, asked by sakshikumarijain2004, 6 months ago

why are most of the poor house holds deprived from the formal sectors of loans?

Answers

Answered by f4Faizan

2

Explanation:

Poor households are deprived of the formal sector of loans because they lack proper documents and collateral such as house, livestock or any other property as a guarantee to obtain a bank loan.

Answered by Calixnte

5

Answer:

HI MATE !

Poor households are deprived of the formal sector of loans because they lack proper documents and collateral such as house, livestock or any other property as a guarantee to obtain a bank loan.

Hᴏᴘᴇ ᴍʏ ᴀɴsᴡᴇʀ ʜᴇʟᴘs ʏᴏᴜ ᴅᴇᴀʀ.. ✌️

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