Analysis of the role of credit for development:

(i) It is a kind of agreement where a lender provides the money, goods and services to the borrowers in return of getting future payments on time.

(ii) The credit is useful or not, it generally relies upon the risks and besides that some help in case of mishappening.

(iii) If an individual borrows loan from the bank in order to increase the production of goods and services and to increase the boundary of his working area so that loan can be paid on time.