Moneylender example sentences

As a result, many zamindars had to borrow money from bankers and moneylenders.These developments allowed new social groups, like moneylenders and bankers, to influence the management of the state's revenue system, something which had not occurred in the past.Others, such as traders and moneylenders (often referred to as aishyas) were placed after them.They borrow from large farmers or the village moneylenders or the traders who supply various inputs for cultivation.She takes a loan from the moneylender to meet the expenses of cultivation, hoping that her harvest would help repay the loan.The borrowers can, if necessary, approach the moneylenders even without repaying their earlier loans.Informal lenders such as moneylenders, on the other hand, know the borrowers personally and hence are often willing to give a loan without collateral.International Monetary Fund (IMF) is one of the biggest moneylenders for any country in the world.Landlords, moneylenders, priests and colonial bureaucrats – all those who hold power in society – form a network of oppression, rob their land and make them into landless labourers.The informal lenders include moneylenders, traders, employers, relatives and friends, etc.Many failed to pay back their loans to the moneylenders and gradually lost the lands they had tilled for generations.For example, moneylenders in the informal sector that you read about in Chapter 3 adopt various tricks to bind the borrower: they could make the producer sell the produce to them at a low rate in return for a timely loan; they could force a small farmer like Swapna to sell her land to pay back the loan.However, the moneylenders charge very high rates of interest, keep no records of the transactions and harass the poor borrowers.Many poor pastoralists, on the other hand, borrowed money from moneylenders to survive.These could be for the protection of workers in the unorganised sector or to protect people from high interest rates charged by moneylenders in the informal sector.