What are the reasons why the banks might not be willing to lend to certain borrowers?

Banks might not be willing to lend to certain borrowers for following reasons:

1. Lack of Collateral: Some borrowers may not have valuable assets to pledge as collateral. Banks often require collateral to secure loans.
2. Poor Repayment History: Individuals with a history of non-repayment of loans are considered risky borrowers. Banks hesitate to lend to such individuals.
3. Unstable Income or Employment: Borrowers who cannot provide proof of stable income or employment may face challenges in securing loans.
4. Inadequate Documentation: Very often poor people are not able to provide proper documents.
5. Existing high loan: They are already burdened by high loans.