Question

why do bank not wish to advice loan to the poor

Answer 1

Bcoz...poor members have no money..and if the bank will give loans to poor members ,then poor people can't re-pay it...and they will definitely attempt suicides...

Answer 2

Hey,

Banks give loan to those person , who will be able to return back that loan in the given time .

Poor people , with minimum earning capacity , cannot return back the loan taken by them from the bank .

The banks also gives money to a person only after seeing their fulfillinf capacity , or in other words , what is his/her income . They decide wheather the person who is willing to take the loan , is able to return back or not ; otherwise , they wont give .

So the banks do not wish to give loans to the poor.

HOPE THIS HELPS YOU

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