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Understanding Agricultural Finance and Credit by EVANGELIST INNOCENT OCHE is a document available to read on EtoBox.
What is Understanding Agricultural Finance and Credit about?
Agricultural finance involves acquiring and using capital for agribusiness to enhance production. Agricultural credit is a refundable loan provided to farmers for improving their farming activities, with three main types: short-term, medium-term, and long-term credit. Various sources of agricultural financing include banks, cooperative societies, and government agencies, but challenges such as high interest rates and lack of collateral hinder farmers from obtaining loans.
- Author
- EVANGELIST INNOCENT OCHE
- Language
- EN