Agricultural Loans: the Policy of the Government and Banks and Its Consequences
December 20, 13:00

People in Armavir villages are foremost concerned over the repayment of agricultural loans. Over 90 percent of locals have agricultural or consumer loans, moreover they have taken out loans from different banks.

It is widely known that a lot of rural people put their property in pledge to pay the interests and principal of the loans. Having a bad credit report has become an integral part of their life.

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