The loan is 654.38 million yuan, and the interest should be repaid in one year:
100000×6.56% = 6560.00 (yuan)
Extended data:
1) Proceeding from reality, the basic conditions for loans from rural credit cooperatives in Sichuan Province are:
1, the business license of the enterprise as a legal person or the business license is valid; 2. Open a basic account or general account in a credit cooperative; 3. The enterprise holds a loan card issued by the People's Bank of China; 4 obey the management of credit cooperatives, truthfully provide relevant business information to credit cooperatives, and submit statements and business plans on time; 5. Having fixed business premises and facilities; 6. Sound financial management system and standardized enterprise management; Chinese mainland residents under the age of 7.60.
Other conditions: 1, no loan relationship with other banks or credit cooperatives. Enterprises must borrow in a credit cooperative, and there is no problem of multi-head loans; 2, enterprises operating within the jurisdiction of the credit cooperatives loans, loans may not be issued across regions; 3. The project must be feasible and profitable; 4. The proportion of external liabilities to total assets of the enterprise is less than 70%. For working capital loans, the proportion of enterprise's own assets to total assets must be greater than 30%; For fixed assets loans, the proportion of enterprise's own assets to total assets must be greater than 50%; 5. Self-raised funds for new projects must be above 50%, with proof of registered capital; 6, the new project must have the approval documents of relevant departments; 7. There are clear and reliable channels to repay the loan principal and interest. After the enterprise settles the interest every year, it can take out certain funds to repay the loan principal.
The characteristics of credit cooperatives' loans The main business of credit cooperatives is rural credit, and its business processes and technical operations are basically the same as those of national specialized banks. Therefore, the systems and measures of national specialized banks on rural credit management are equally applicable and binding in credit cooperatives. However, because the nature, status and role of credit cooperatives are different from those of national specialized banks, they have their own characteristics in the specific operation of loans:
First, the majority of credit cooperatives loan targets involve various ownership and fields in rural areas, including:
1. Contractors, specialized households and rural cooperative business units engaged in agriculture, forestry, animal husbandry, fishery and other industries.
2, approved by the relevant departments to implement independent accounting of township (town) office, village office, organization office, household office and various forms of joint venture or new economic consortium.
3 rural cultural, educational and health research institutions with guaranteed operating income and repayment.
4, approved by the relevant departments engaged in handicrafts, commerce, transportation, construction, service industry and other rural individual economic households and economic associations. In addition, credit cooperatives with strong financial strength can also provide loans to enterprises and institutions within the credit scope of national specialized banks. Of course, due to the nature of credit cooperatives, the focus of their loan support is agricultural production, and others can only support according to their abilities on the premise of meeting the demand for agricultural production funds.
Second, the flexibility of loan management The flexibility of credit cooperatives' loan management refers to the credit cooperatives' independent credit business under the guidance of the policies, decrees and plans of the party and the state, in accordance with the principle of proportional management, giving full play to the role of private lending and inducing the rational flow of rural funds.