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Very few poor households get loans from a proper lending institution like a commercial bank or a cooperative and majority rely on the informal sources.
Very few poor households get loans from a proper lending institution like a commercial bank or a cooperative and majority rely on the informal sources. Even within the poor population, interest rate charged by informal sources tend to be higher for the following group: 1) the extremely poor 2) the rich 3) the wealthy 4) the less poor 9
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