why does farmer need credit ? explain non institutional source of credit

 a link to your answer: https://www.meritnation.com/ask-answer/question/why-the-farmers-need-credit-explain-the-various-sources/unit-iii-rural-development/3335420

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 Farmer need credit for mainly 2 purposes:

1-Productional(for agricultureal)

2-Non- productional(for their heavy expense like marriages

non institutional source- money lenders:Farmers go to money lender because of fewer formalities unlike banks. they have to pay a higher rate of interest

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