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What is the difference between development finance and agricultural financing?

Question:

What is the difference between development finance and agricultural financing?

Financing

Financing is the process of funding the people and businesses who want to expand in their area of work. Financing provides funding between those who have access to capital and those who require expanding their area of work and lack funds to do so .

Answer and Explanation:

Development finance is the financial support provided through private and non-private funding in order to promote business and encourage the expansion of trading and investment on a greater scale, whereas, agricultural financing is primarily promoted to increase the yields and expand the farming area so that the country does not lack desirable goods and services. Finances are made in the form of loans. Agricultural financing helps farmers to increase their productivity and grow their crops.


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What Is Financing? - Definition & Types

from Corporate Finance: Help & Review

Chapter 8 / Lesson 7
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