Economy, asked by MIHIRMISHRA730630, 1 year ago

why are most of the poor household Diprived from the formal sector of loans?
class 10 for

Answers

Answered by nimbhora2103khushi
0
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.
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