Which one of the following is a major reason that prevents the poor from getting loans from the banks?
A. Lack of capital
B. Not affordable due to high rate of interest
C. Absence of collatoral security
D. Absence of mediators
Answer:A
Which one of the following is a major reason that prevents the poor from getting loans from the banks?
A. Lack of capital B. Not affordable due to high rate of interest C. Absence of collatoral security D. Absence of mediators