Two exemptions for poverty alleviation micro-loans refer to the issuance of micro-credit loans to poor households with established credit cards and business organizations participating in poverty alleviation industrial projects. These two exemptions are no mortgage and no guarantee. Users who apply for small loans for poverty alleviation can apply for a certain amount of small loans without guarantee and mortgage, and this loan also enjoys certain interest rate concessions.

After applying for poverty alleviation micro-loans, users must repay on time, otherwise the overdue records will affect the future application for such loans.

Micro-credit for poverty alleviation is a poverty alleviation loan product specially tailored for poor households who set up a file to obtain development funds. Mainly provide poor households with credit loans of less than 50,000 yuan, guarantee-free and mortgage-free within 3 years, benchmark interest rate loans, financial interest subsidies, and establish county-level risk compensation.

Small loans for poverty alleviation have three characteristics: first, the procedures are simple, and poor households do not need to provide mortgages or guarantees to banks. Second, low cost, lending at the benchmark interest rate and enjoying financial concessions. Third, the term is long, and the loan can last for up to 3 years.