|Role of credit in development:|
|(i) It creates better facilities for agriculture and industrial activities.|
|(ii) It helps people from all ways of life in setting up their business, increase their earnings and support their families.|
|(iii) To some people, loans help a lot in constructing their homes and get rid of monthly rents.|
|(iv) To others, loan or credit helps a lot in raising their social status by purchasing luxury commodities.|
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