The specific operation of the loan has its own characteristics:
(1) The loan targets of the majority of credit cooperatives involve various ownership systems and fields in rural areas, including:
1. Contracted business households, specialized households and rural cooperative business units engaged in agriculture, forestry, animal husbandry, sideline and fishery.
2. Township (town) offices, village offices, institutional offices, household registration offices and various forms of joint ventures or new economic complexes that have been approved by relevant departments to implement independent accounting.
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.
(II) Flexibility of loan operation The flexibility of loan operation of credit cooperatives means that credit cooperatives independently operate credit business under the guidance of policies, decrees and plans of the party and the state, give full play to the role of private lending, and induce the rational flow of rural funds.
1. Flexibility of loan scope and use.
2. The proportion of self-owned funds and the loan period can be appropriately flexible.
3. Appropriate and flexible loan procedures. For more information, see "Credit Union Loan Issuance and Recovery".
4. The loan interest rate is flexible.
(III) Regional Loan Investment Since the credit cooperatives are cooperative financial organizations established by farmers and rural collective economic organizations in a certain region with voluntary shares, it is determined that the service scope must ensure the capital demand of farmers' production and life in this region and support the economic development in this region. In addition, credit management is a special form of monetary movement, a lending activity in which credit cooperatives provide monetary funds to customers according to certain interest rates, repayment periods and other conditions, and a process of social capital redistribution. Therefore, it must be restricted by regional economic conditions, financial strength, management level and even cultural quality, so that the loan fund movement of credit cooperatives has obvious regional characteristics.