Write description of 3 different credit situations, concluding whether the borrower is able to repay the loan: 1) The borrower is able to pay off the loan, and also able to expand his business for the future. 2) The borrower needs a loan desperately to cultivate a crop. (Mention who will give a poor farmer loan). Is the farmer able to repay the loan on time? 3) A credit situation where a farm labourer takes loan. (mention source, and reason for taking loan)
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u want to write description or letter
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