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英语翻译Widespreadloandefaultsintheearlyninetiesledtothelossofaccesstoformalcreditformanyricegrowers.InJanuaryof1991,unexpectedrainsdelayedtheharvestingofthecropresultinginhighlevelsofgraincrystalizationand,cons

题目详情
英语翻译
Widespread loan defaults in the early nineties led to the loss of access to formal credit for many rice
growers.In January of 1991,unexpected rains delayed the harvesting of the crop resulting in high
levels of grain crystalization and,consequently,very low yields.Heavy rain at the time of harvest was
not included as an insurable contingency in the growers' mandatory crop insurance contract so that the
rice producers suffering crop losses were not compensated.36 The crop losses and the failure of the
insurance to reimburse farmers caused many producers to become delinquent in their loan payments to
Banrural at a time when the government was changing its lending practices.The delinquent borrowers
were unable to obtain further credit from Banrural until they repayed their overdue debt or arranged
with Banrural for a rescheduling.Some of the delinquent borrowers were able to receive funding from
the agro-industrial rice processor (AI),but the majority were forced to rent their land and cease
production.
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答案和解析
20世纪90年代,农民拖欠贷款的行为很普遍,致使他们当中许多人无法得到正式的贷款.1991年1月,连日的突如其来的大雨延误了玉米的收获季节,造成谷物高度结晶,因此玉米产量很低.收获季节了里的大雨不包括在种植者的法定玉...