why are most of the poor household deprived from the formal sector of loan
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Bucaz of collateral.........
jass79:
thanks
Answered by
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becoz..the formal sources of credit
1.they dono have financial assert or any property as a collateral.
2.they may not have proper documentation.
3.the formal sources of loan is not in reach if poor households.
1.they dono have financial assert or any property as a collateral.
2.they may not have proper documentation.
3.the formal sources of loan is not in reach if poor households.
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