Credit, in technical terms, is an agreement by which a financial institute (such as a bank), agrees to lend a borrower a certain amount of money for a defined period of time. Interest is usually charged over the outstanding loan amount in such agreements/ transactions.INTRODUCTION TO AGRI. CREDITAgriculture, which is simply defined as, growing of crops and raising of animals; among others is also a business. It also hold significant share in GDP and economy of Pakistan. It is source of a majority of agro-based industry such as textile industry, food industry and export.Agriculture sector, thereby, also require credit like all other businesses.DefinitionAgriculture Credit/ Agri Loans is defined as financial support/credit extended to the agriculture sector through formal or informal sources.Objectives of PakAgriFarmingThis article part of series of articles aimed at ‘Financial Literacy’ of our farmer community and academia alike. There are, without any doubt, highly qualified & wel…

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