3.5 - Credit Arrangements in Sonpur
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Practice Questions
Test your understanding with targeted questions
What is meant by formal credit?
💡 Hint: Think of structured financial institutions.
Name one disadvantage of informal credit.
💡 Hint: Think of what you must pay back.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the main source of loans for small farmers like Shyamal?
💡 Hint: Think about the immediate community.
True or False: Self-Help Groups require collateral for loans.
💡 Hint: Think about community trust.
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Challenge Problems
Push your limits with advanced challenges
Evaluate the impact of high-interest informal credit on small farmer sustainability in Sonpur.
💡 Hint: Consider the chain reaction of debt to future earnings.
Propose a strategy for improving credit access for small farmers in rural areas.
💡 Hint: Integrate community participation and documentation.
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