what are the various ways through which farmers can get loans? write their advantages and disadvantages ?
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what are the various ways through which farmers can get loans? write their advantages and disadvantages ?
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Answer:
the ways they can get loan from formal sectors such as bank and informal sectors such as their friends or landowners or relatives
disadvantages are as follows for informal sector's
Explanation:
informal sectors sectors give high interest on loan and they take collateral and
formal sectors such as bank will check all the documents and its a long process