Agricultural credit markets in Northwest Pakistan: implications for the development policy.

institutions .The potential expansion of social polarization in the wake of unfair access toagricultural creditwas thereby curtailed by thenon-agricultural credit markets. The study also depicted that agricultural credit was mainly utilizedat farm andnon-agricultural credit was used off-farmforsocial festivities .It is concluded thatthere i saneed to reformulate the development policy. The new policy must take into account al l possibleaccessibility measuresto theagricultural credit markets . At the same time, it should institutionalize non-agricultural credit markets to reduce social polarity so that all farmerstake benefits from bothofthe credit sources.