For rural cooperative loans, the specific steps are as follows:

1. The borrower brings the "Farmer Loan Certificate" and his or her ID card and other materials to the credit union.

2. Fill out the "Farmer Loan Application Form" and submit relevant loan materials.

3. After accepting the loan application, the credit union will review the borrower's "Farmer Loan Certificate", "Farmer Loan Application" and other relevant materials to confirm whether the applicant meets the loan requirements.

4. After passing the review, the credit union signs a loan contract with the borrower.

5. Then handle the follow-up procedures, including the registration of "Farmer Loan Certificate", "Farmer Economic File", etc.

6. Credit unions issue loans to borrowers.

Rural cooperatives were created in the early 1950s to implement socialist public ownership transformation. Within the scope of natural villages, they own their respective means of production (land, larger agricultural tools, farm animals ) is an agricultural socialist economic organization that is collectively owned, where farmers perform collective labor, each does his or her best, and is distributed according to his work.

Rural collective economic organizations are different from corporate legal persons, social groups, and administrative agencies. They have their own unique political and legal nature.

Rural cooperatives have experienced three main periods, namely the cooperative period (from primary cooperatives to advanced cooperatives); the people's commune period (ownership by three levels: production team, production brigade, and commune, with the production team as the basis); During the period of economic cooperatives (after the rural reform abolished the people's communes and established the rural system), the original people's communes, production brigades, and production teams were accordingly changed into townships and villagers' groups. In order to adapt to the economic functions of the production teams, they were also renamed economic cooperatives, villagers' groups, and Both names of economic cooperatives exist at the same time).

According to the "Organic Law of Villagers' Committees", although the autonomous organizations of rural grassroots societies are villagers' committees and their subordinate villager groups, most of the current rural grassroots organizations are rural collective economic organizations ( Economic cooperatives) and villagers groups or village committees are the same institution, that is, two seals and one institution. The decision-making mechanisms of the two are similar. In practice, their functions overlap with each other, especially the management and services of rural grassroots society. The two cannot be completely separated, and they have the "integration of politics and society." In summary, it can be seen that rural collective economic organizations are different from corporate legal persons, social groups, and administrative agencies, and have their own unique political and legal nature. It is precisely because of this particularity that it determines important contents such as the functions and roles of rural collective economic organizations and the qualifications and rights of their members.