Journal of Business & Economic Policy

A Study of Household Borrowing in the Villages of Channarayapatna Block, Hassan District
Arvind Basavaraj, Manojit Bhattacharjee

Abstract
The primary aim of the paper is to study the pattern of household borrowing in Villages. Using village level data of 200 household from Channarayapatna block, the study identifies the factors explaining co-existence of Money lender, Bank and Micro Finance Institutions. The result establishes that households with less landholding are much deprived of formal sources of credit, and they are charged high interest rate from Moneylender (Informal sources) and shows that household land holding, purpose of loan, education and Repayment schedule are significant factors in determining the sources of loan.

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