Hengyang county rural credit cooperatives adhere to the principle of "giving more and taking less" and strive to solve farmers' loan difficulties. The original micro-credit line can no longer meet the needs of agricultural production, so they appropriately expanded the credit line, up to 20 thousand yuan. Within the scope permitted by the policy, reduce the interest rate of loans for supporting agriculture, and reduce the preferential interest rate of loans for poor and low-income township farmers by 10%. In 2005 alone, the interest burden on farmers was reduced by 3.2 million yuan.
Hengyang County Rural Credit Cooperative has also made great efforts to improve the way of issuing micro-loans, changing the annual accreditation to the annual accreditation, and focusing on door-to-door accreditation for villages with less accreditation, less loans and good credit, expanding coverage and facilitating farmers' loans. The county association stipulates that when a farmer goes to a credit cooperative to handle business and contacts the first employee, he must be responsible for providing him with full service. At the same time, each loan officer is required to contact 10 key households, 10 specialized households, 10 users and 10 poor households to realize "one policy for one household".
Through the solid service of supporting agriculture, Hengyang Rural Credit Cooperative has also developed rapidly, and has embarked on a win-win road for farmers and society, and has been rated as a provincial civilized unit and an advanced unit supporting agriculture in the province. At the end of March 2007, the deposit balance of Hengyang Rural Credit Cooperatives exceeded 3 billion yuan, and the loan balance reached 654.38+58 billion yuan, up by 20% and 2654.38+0% respectively.