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"REVIEW OF WORKING OF COOPERATIVE PAT SANSTHAS IN BARAMATI TALUKA"

Author: DR. SOMPRASAD RAJARAM KENJALE
Publisher: Lulu.com
ISBN: 1365827372
Category : Education
Languages : en
Pages : 83

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Book Description
Before formation of Co-operative Pat Sansthas the Money Lenders were doing the business of money lending. The business was totally private business. The rate of interest was different as per the need of debtors. And it was depend on type of the debtors. In rural area private money lenders were doing the business. People were taking leans form money lenders. The transactions were not in writing. Transactions were taking place orally. People were in debt generation to generation father's loan was redeemed by son or grandson. They have to work in money lenders house or farm for the amount of principal or interest.