How can the formal sector loans be made beneficial for poor farmers and workers?

The formal sector loans made beneficial for poor farmer in the following ways:

1. The process of providing loans should be made easier and accessible to them.
2. Large number of banks and cooperatives should be opened in the rural areas.
3. Banks and cooperatives should expand their facility of providing loans so as to decrease dependence on informal sector.
4. Special focus should be paid on poor and small farmers along with small scale industries. Loan processing should be simple, faster and timely.