1. Applicant qualification: the microfinance applicant must be a China citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

2. Proof of loan purpose: the loan purpose is clear and legal and the borrower has the willingness and ability to repay;

3. Applicant's credit: The borrower's credit status is good and there is no significant bad credit record.

legal ground

Article 11 of the Interim Measures for the Administration of Personal Loans

Personal loan application shall meet the following conditions:

(a) 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.