why is the main source of credit for Poor household
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RURAL CREDIT - NON INSTITUTIONAL AND - INSTITUTIONAL SOURCES The credit requirements of Indian farmer are met by many agencies. They constitute money lenders, trades, commission agents, land lords, relatives, government, commercial banks, cooperatives etc.
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Informal credit is a main source of credit for poor household i.e, they don't take loans from bank bcz of the following reasons:
♢ If they take loan from bank so bank need collatoral but they don't have...
♢bcz of lot of documentation..
♢ If they take loan from bank so bank need collatoral but they don't have...
♢bcz of lot of documentation..
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