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A farmer has an income of $500 per season. He applied for a loan for $200. the sanctioning officer calculated earnings of the farmer and

A farmer has an income of $500 per season. He applied for a loan for $200. the sanctioning officer calculated earnings of the farmer and declared that farmer saves $150 per season; therefore, the officer was satisfied that farmer will repay the loan. However, in the final decision, officer rejected the loan request of the farmer. Which principle did the officer apply to reject the loAn?

PLEASE MENTION THE CRITERIA/PRINCIPLE FOR LOAN REJECTION; NO RANDOMLY GUESSED ANSWERS PLEASE.

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