Question

why farmers prefer to borrow from moneylender?​

Answer 1

Explanation:

the farmers prefer to borrow the money from money lenders because the farmers things that to buying and to buy to borrow the money from banks would be more costly than buying the money from borrower or money lenders because they think that money lender would prefer to give them Loan at lowest rate that's why they prefer to do so

Answer 2

Answer:

Farmers prefer to borrow money from moneylenders because most of the Farmers are illiterate and do not know about facilities provided by banks and government, also they lack most of the documents which are mandatory in back especially in case of loan. So, they prefer to take money from moneylenders instead of Banks.

Mark it BRAINLIEST.