The document appears to be lecture notes from a Development Economics course discussing rural credit. It covers who provides rural credit, including informal sources like friends and family, as well as formal sources like microfinance institutions and banks. Commercial banks are noted to provide very little rural credit due to high transaction costs and risks associated with lending to farmers. The document also examines some government programs and policies related to increasing access to rural credit.
The document appears to be lecture notes from a Development Economics course discussing rural credit. It covers who provides rural credit, including informal sources like friends and family, as well as formal sources like microfinance institutions and banks. Commercial banks are noted to provide very little rural credit due to high transaction costs and risks associated with lending to farmers. The document also examines some government programs and policies related to increasing access to rural credit.
The document appears to be lecture notes from a Development Economics course discussing rural credit. It covers who provides rural credit, including informal sources like friends and family, as well as formal sources like microfinance institutions and banks. Commercial banks are noted to provide very little rural credit due to high transaction costs and risks associated with lending to farmers. The document also examines some government programs and policies related to increasing access to rural credit.