Why do farmers take loan from the traders? How do they repay it
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Small and medium farmers are forced to borrow from moneylenders,traders,millers etc because it is very difficult for them to obtain a loan from regular banks.
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: To take care of their basic needs, small farmers and landless labourers usually have to borrow money from big money lenders in the village. The loans are given at a high interest rate. The farmers, thus, have to keep borrowing money in order to repay their loans.
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