What is the difference between micro credt and rural credit?
discuss the difference sources of rural credit
The main advantage to micro financing is better loan repayment rates but a disadvantage is that the deal is too small for a lender to devote enough time, money and diligence to it.
The role of credit in rural development is to provide financing for the construction of area properties. Credit can be obtained by individuals or by corporations.
rural is out of town with some land around each mouse. urban is a lot of houses stuck together in a smaller area a subdivision out of town.
The delimitation of credit management practices in rural banks typically encompasses the specific policies, procedures, and frameworks that guide lending and risk assessment in rural contexts. These practices are often tailored to address the unique challenges faced by rural borrowers, such as limited financial literacy, fluctuating incomes, and the need for collateral. Additionally, rural banks may focus on promoting agricultural development and small enterprises, which can influence their credit policies and risk tolerance. Overall, these delimitations ensure that credit management is effective and responsive to the needs of the rural community.
discuss the difference sources of rural credit
rural and urban occupation
difference
The main advantage to micro financing is better loan repayment rates but a disadvantage is that the deal is too small for a lender to devote enough time, money and diligence to it.
Rural credit and marketing can revolutionize the rural scenario and can play a pivotal role in rural development. While urbanized banks are more inclined to extend credit to urban people, the rural banks, credit societies can assess the exact exact requirements of rural farmers, artisans and offer credit to them or co-operatives formed by them. This in fact help them tol become self-dependent and ensure their livlihood.
Urban refers to the city-type areas. Rural means the countryside-type places. Did that help?
Modern sewerage sachin bats whereas rural sewage dhoni hits a six
The role of credit in rural development is to provide financing for the construction of area properties. Credit can be obtained by individuals or by corporations.
bhag bhosdik
There are is a huge difference between urban and rural life. Urban life is more complex than rural life in so many ways. The cost of living is quite high, there is so much congestion and limitation in terms of land and space unlike in the rural areas.
Rural refers to the country, country life or country people. Urban refers to the administration of towns and cities.
Aliou Diagne has written: 'Rural financial markets and household food security' -- subject(s): Food credit, Households, Agricultural credit, Rural credit 'Access to credit and its impact on welfare in Malawi' -- subject(s): Rural poor, Agricultural credit