Social Sciences, asked by jass79, 1 year ago

why are most of the poor household deprived from the formal sector of loan

Answers

Answered by Rainbowcat203
1
Bucaz of collateral.........

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Answered by Anonymous
1
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.
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