You can apply for a small loan from a local bank with 5,000 yuan. Those from other places who have stable jobs and income in the local area can also apply.

Small loan application conditions:

1. Be a resident of mainland China who is over 18 years old;

2. Have a stable address and work or business location ;

3. Have a stable source of income;

4. Have no bad credit record, and the loan cannot be used for stock trading, gambling, etc.

5. Other conditions required by the bank.

Small loan application process:

1. Submit an application to a local bank or lending institution;

2. Prepare various materials required for the loan;

3. Interview with a bank or lending institution;

4. The bank reviews the lender’s qualifications;

5. Pass the review and successfully lend.