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