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Question
Why do farmers need to borrow money?
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Solution
Small farmers in the villages do not have enough money, so they borrow money from the moneylenders, traders and rich farmers. They borrow money for the following reasons:
1. The farmers need to buy seeds, fertilisers and pesticides to grow their crops .
2. At times, the crops get ruined due to bad monsoons, poor quality of seeds or pest attacks. In order to repay the loan, the farmers borrow again.
3. Farmers borrow money to be able to bear the expenses of any marriage in the family.
Small farmers in the villages do not have enough money, so they borrow money from the moneylenders, traders and rich farmers. They borrow money for the following reasons:
1. The farmers need to buy seeds, fertilisers and pesticides to grow their crops .
2. At times, the crops get ruined due to bad monsoons, poor quality of seeds or pest attacks. In order to repay the loan, the farmers borrow again.
3. Farmers borrow money to be able to bear the expenses of any marriage in the family.
1. The farmers need to buy seeds, fertilisers and pesticides to grow their crops .
2. At times, the crops get ruined due to bad monsoons, poor quality of seeds or pest attacks. In order to repay the loan, the farmers borrow again.
3. Farmers borrow money to be able to bear the expenses of any marriage in the family.
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