why banks feel unwilling to lend to small framers?
Answers
Answered by
1
I don't know yrrr............
Answered by
0
HERE IS YOUR ANSWER
Small farmers normally have no collateral to pledge against loans. Collateral is an asset that the borrower owns and uses this as a guarantee to a lender until the loan is repaid. That is why banks have no interest to lend to small farmers.
Small farmers normally have no collateral to pledge against loans. Collateral is an asset that the borrower owns and uses this as a guarantee to a lender until the loan is repaid. That is why banks have no interest to lend to small farmers.
Similar questions
Math,
7 months ago
Science,
7 months ago
English,
7 months ago
Environmental Sciences,
1 year ago
Science,
1 year ago