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Fill the following table :
Salim | Swapna | |
---|---|---|
Why did they need credit? | ||
What was the risk? | ||
What was the outcome? |
Salim | Swapna | |
---|---|---|
Why did they need credit? | To meet the working capital needs. | To meet the expenses of cultivation. |
What was the risk? | No or little unknown risk. | The crop could have been ruined. |
What was the outcome? | He made a good profit by supplying 3,000 pairs of shoes on time. | Due to the failure of the crop, Swapna got trapped in the debt trap due to not being able to repay the loan on time. She had to sell a part of his land to pay off the loan. |
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