Social Sciences, asked by mtaskeen483, 11 months ago

Why is moneylender still the largest single source of credit?

Answers

Answered by Lakkshitkhare1973
4

Answer:

Money lender is the only source for the farmers to take loan

because the don't have any collateral which may be given to the bank as an assurance that the farmer will return the loan with the interest charged

secondly farmer knows the moneylender very nearly

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