Why do landless farmers borrow money?

Answer 1

Landless farmers often borrow money to invest in agricultural inputs such as seeds, fertilizers, and tools, which are essential for cultivating crops and improving yields. Additionally, they may need funds to cover living expenses or emergencies, especially during lean seasons when income is limited. Access to credit can help them sustain their livelihoods and increase their chances of eventually acquiring land or improving their economic situation. However, high-interest rates and debt cycles can also pose significant risks for these farmers.