Why is it difficult for rural and agricultural businesses and households to get credit?
The development of microfinance and rural and agricultural financial markets often share similar environmental challenges such as an inhospitable policy, legal and regulatory framework, lack of adequate collateral, lack of registered credit history, lack of market information, and income variability among potential clients. In addition, rural and agricultural markets have some unique characteristics that impede the supply of finance and the ability of rural households and firms to access the financial services they need.
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