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18 February, 2022

Agri Finance

 

Agricultural credit is refers to loans that extended for agricultural purposes. Agricultural credit systems promote the expansion and continued survival ofarm and livestock operations, covering the entire agricultural chain - inpusupply, production and distribution, wholesaling, processing and marketingBanks lend to farmers for a variety of purposes, including (1) short-term credit to  cover  operating  expenses,  (2)  mid-term  credit  for  investment  in  farequipment and real estate improvements, (3) long-term credit for composition of farm real estate and construction financing, etc.