A Loan for Construction of a Well

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Abstract

A farmer in Southern India had three acres of dry land and twenty acres of wet land. Because of the uncertainty of canal irrigation, he could not extend the area under sugarcane and other wet crops. He wanted to dig a well to supplement canal irrigation. He approached one of the Nationalized Banks for a loan for the purpose. It was sanctioned with a stipulation that it must be repaid in three annual installments.

Additional Information

Product Type Case
Reference No. CMA0218
Title A Loan for Construction of a Well
Pages 2
Published on Sep 2, 1970
Year of Event 1970
Authors Desai, D K;
Area Centre for Management in Agriculture (CMA)
Discipline Economics, Finance, Operations Management
Sector Agriculture and Animal Husbandry, Banking Finance Insurance (BFI)
Country India

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