why is it difficult for poor to get loan from banks
Jennydsilva:
It is difficult bcoz: limited availability of banks in rural areas, poor people are not comfortable with high delegates of banks, and they do not have proper documentation required by the banks..
That's y I answered here!!
Answers
Answered by
23
hello sabermati :))
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Ques:- It is difficult because of the following reasons :))
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1) They do not have much as collateral.
2) They do not have the required documents.
3) They do not have any source to repay the loan with the interest.
======================================================\
solution :- 1)Cheap loans and low interest rates.
2) self help groups.
===========================
hope it helps you..
====================
#BeBrainly
#Parv_
#AllTheBest.
------------------------
======================================
Ques:- It is difficult because of the following reasons :))
==================================================
1) They do not have much as collateral.
2) They do not have the required documents.
3) They do not have any source to repay the loan with the interest.
======================================================\
solution :- 1)Cheap loans and low interest rates.
2) self help groups.
===========================
hope it helps you..
====================
#BeBrainly
#Parv_
#AllTheBest.
------------------------
Answered by
27
the difficulties for poor to get loan from banna that's was following. .
1) poor people have no proper document for taking line..
2) poor people have no knowledge that's how to take lone. .
1) poor people have no proper document for taking line..
2) poor people have no knowledge that's how to take lone. .
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