At present, ABC requires at least five joint insurance companies: 1. Conditions for forming a joint insurance company: (1) Having full capacity for civil conduct; (2) Set up an independent account, be financially independent, have a fixed residence in the service area of the lender, and the joint guarantee members shall not be the same family members; (3) Having a reasonable demand for loan funds; (4) Having legal and stable income or legal, valid and transferable assets, which are sufficient to repay the principal and interest of my loan, and being able to compensate other members of the UNPROFOR team for their repayment obligations; (five) to open a deposit account in the Agricultural Bank of China, and accept the credit and settlement supervision of the Agricultural Bank; (six) the domicile or main business premises of the UNPROFOR members should be relatively concentrated; (seven) each borrower can only participate in one joint guarantee group; The establishment of a joint guarantee team shall apply to the lender, and all members shall sign a joint guarantee agreement with the lender after being approved by the lender. The UNPROFOR team was established on the date of signing the UNPROFOR agreement. The validity period of the joint guarantee agreement shall be determined by the borrower and the lender through consultation, and the longest period shall not exceed 3 years. Upon expiration of the joint guarantee agreement, it can be renewed with the consent of the lender.