The maximum amount of credit loans for poor farmers does not exceed 50,000 yuan; The longest period is no more than 3 years.

Leading enterprises in poverty alleviation agriculture, specialized breeding households and rural cooperative economic organizations that have signed contracts or agreements to increase the income of poor households can apply for loans of 1 10,000 yuan per household, and the maximum loan amount of leading enterprises in poverty alleviation does not exceed 30 million yuan; The longest period is no more than 3 years.

Poor farmers, poor agricultural enterprises, specialized breeding households and rural cooperative economic organizations all give discount at an annual interest rate of 5%.

Legal basis: Interim Measures for Personal Loans

Article 11

Personal loan application shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.

2. Loan repayment methods for poor households

The repayment method of 50,000 yuan poverty alleviation loan of rural credit cooperatives is mainly to repay the principal and interest when due. With the country's continuous attention to poverty alleviation, some policies to help poor households get rid of poverty have been introduced one after another, which can provide some poverty alleviation loans to poor households. His loan interest rate is very low and the repayment method is reasonable. Generally, a repayment at maturity is enough.

3 poor households loan repayment period

A 50,000-yuan interest-free loan for poor households in the country can be repaid at any time. Because the state issues interest-free loans to help poor households get rid of poverty as soon as possible, if poor households have the ability to repay the loan of 50 thousand yuan after making money, they can repay it at any time. If the funds for poverty alleviation projects are insufficient, the loan can be extended for several years, but the loan interest will be paid every year, but the interest will be borne by the state. So if you have the conditions, you can repay the loan of 50 thousand at any time.

4. Can the repayment of loans by poor households be postponed?

The poverty-stricken households who set up the file can be postponed when they expire. Just bring your ID card and loan contract to the bank counter for an extension.

5. Are poor households still poor after repaying loans?

Poverty alleviation microfinance has the characteristics of simple procedures, low cost and long term. Mainly used for poor households to develop industries and increase income. Poor households who are willing to lend, aged between 18-65, have good working ability, business ability, repayment ability and credit, and have completed the whole process through household application, village preliminary examination, township audit, county audit and bank approval.

6. How can loans from poor households be the most cost-effective?

Generally poor households have preferential loans. For example, the local rural credit cooperatives are generally 20,000 to 50,000 black lines. After the loan is completed, it is usually due for repayment. After the repayment expires, the bank directly deducts money from the bank account agreed at the time of loan, or can directly go to the bank for repayment.

7. How can loans from poor households be more cost-effective?

Now repay the loan and deposit the money directly into the binding account. The system will automatically deduct the money.

2. What should I do if the poverty relief funds borrowed from rural credit cooperatives in 2005 are not available?

First of all, if rural credit cooperatives apply for loans and fail to repay them, they will incur penalty interest. The penalty interest is calculated according to compound interest. The higher the penalty interest that the borrower needs to pay, the more the penalty interest will be, which will increase the repayment pressure for people with weak repayment ability.

Secondly, if the loan of the rural credit cooperatives is not repaid, the borrower will be brought to court under the repeated urging of the credit cooperatives, so that the judgment will auction the borrower's assets to repay the funds. Whether it's a mortgage loan or a credit loan, this can be done.

Moreover, if you apply for a credit union loan and don't pay it back, your personal credit will also be affected. The longer the time, the higher the amount, and the borrower will have a loan in the future, and the institution may not give the mortgage because of the borrower's poor credit. The poor have no food, and they really can't afford it. What should we do?

Third, how to repay the poverty alleviation loan?

If the repayment is overdue, it will first affect your personal credit and your future life and work. And the longer the overdue time, the higher the overdue fee and the greater the burden. If you are in loans overdue, a special collection staff will contact you. If you don't repay the loan, it will affect your family and friends.

Fourth, how do rural credit cooperatives repay poverty alleviation loans?

If the money is in the card, you can call the loan outlet and ask the account manager to deduct it from you, or repay it through Qiannongyun app. You can also go to the counter to handle the repayment business in person.