The Yoke of Linked Credit: A Study of Coastal Villages in Kanyakumari District

Paucity of funds, financial crunch, scarcity of resources and capital rationing are the key issues to be discussed and deliberated among all the tycoons of corporate, academic circles and in the midst of policy makers. Without proper allocation of funds, no Endeavour can be carried ahead. Finance becomes the life-blood of any organization. Everyone in the helm of affairs shows keen interest in raising and managing funds for the growth and development of an organization. Unfortunately limitation of funds is a concern for every size of the industries be it, multinational, national and domestic sectors. In order to meet this challenge every firm is forced to borrow from external agencies, which provide credit services. Credit is the prime input to start any activity in the modern orbits. Becoming aware of this dynamics, the borrowers are willing to ‘walk extra miles’ for the growth of their organization and accept the terms and conditions which are imposed by the credit supporters.