Social Sciences, asked by CharlottyLama398, 1 year ago

Why do you think the banks are reluctant to give loans to the fisherman?

Answers

Answered by raghuch64356
20
Banks are reluctant to give loans to the fishermen because,fishermen don't have any property of their own. So, because of this, Banks will not be confident on that they will repay their loans. They don't get a confirmed confidence on this issue. So, we can say that, Banks are reluctant to give loans to farmers.
Answered by klakshmitirumala26
0

Answer:-

Banks are reluctant to give loans to Fisherman because they don't have any property so they they not confident on that they will repay they loans

Similar questions