loans help to establish people's businesses, enabling them to earn more.
The examples are
(i) They can purchase machinery and
equipment with a loan to start productive activities in manufacturing.
(ii) With a loan, they can purchase raw material for processing into
finished products, thus increasing their earning power.
(iii) For seasonal items, by getting a loan against
storage of finished goods produced during the off season, they can earn more by
selling more during the season.
You need to login to perform this action.
You will be redirected in 3 sec