Imagine you are a member of a fishing family and you are discussing whether to take a loan from the bank for an engine. What would you say?
Imagine you are a member of a fishing family and you are discussing whether to take a loan from the bank for an engine. What would you say?
We are told in the chapter that people whose livelihoods depend on fishing typically cannot go fishing for four months during the monsoon season as these are the month when fish breed. These months are extremely difficult for fishing families as most of them have to survive on the money borrowed from traders. Later, when the fishing season begins, they have to sell their catch to these traders because of which not much fish is left for them to sell.
Hence, one would be very cautious about taking a loan from the bank, even though an engine is an essential requirement, as this would put an additional burden on the family. However, once the loan is taken, one would have to ensure that the catch is maximum and they get the best prices for the same so that the loan can be paid off as soon as possible.
We are told in the chapter that people whose livelihoods depend on fishing typically cannot go fishing for four months during the monsoon season as these are the month when fish breed. These months are extremely difficult for fishing families as most of them have to survive on the money borrowed from traders. Later, when the fishing season begins, they have to sell their catch to these traders because of which not much fish is left for them to sell.
Hence, one would be very cautious about taking a loan from the bank, even though an engine is an essential requirement, as this would put an additional burden on the family. However, once the loan is taken, one would have to ensure that the catch is maximum and they get the best prices for the same so that the loan can be paid off as soon as possible.
