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Repayment of the loan or credit is crucial for a farmer explain |
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Answer» l areas, the primary interest for credit is for crop production. Harvest creation includes significant expenses on seeds, composts, pesticides, water, power, fix of types of gear, and so on. There is a base stretch of three to FOUR MONTHS between when agriculturists purchase these data sources and when they move the product. Agriculturists as a rule take edit credits toward the start of the season and repay the credit or loan after the harvest. The repayment PART appears to be crucial for a farmer because it is totally dependent upon the intensity of the harvest. If the farmer bears good harvest he/she MAY earn more MONEY and can repay his/her credit. On the other hand, if the harvest is low, then everything goes in vein as it may lead to a situation in which he/she may have to sell his/her land to pay the credit.For repaying, if he doesn’t possess any land for selling purpose to repay, he commits suicide putting his family into great pain. |
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