Dhananjay is a government employee and belongs to a rich household whereas Raju is a construction worker and comes from a poor rural household. Both are in need and wish to take loan. Create a list of arguments explaining who between the two would successfully be able to arrange money from a formal source. Why?



Former sector of credit is loans given by the banks, co operatives etc. Formal sector of credit requires paper documents and collateral to take a loan. Due to this rural peoplw and poor people cannot get losn frm thm. In this case dhanajay being a rich will arrange money from formal sector of credit whereas raju will try to arrange by informal sector of credit even it charges more interest because he doesnt have proper documenta and collateral.
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not a proper answer
people spell in line 3 is not correct
moreover loan spelling in the same line number 3