Current location - Loan Platform Complete Network - Loan consultation - What is the purpose of farmers' loans?
What is the purpose of farmers' loans?
For farmers' loans in rural areas, the purposes of loans are clearly defined, including:

1. Loans for agricultural production expenses such as planting and aquaculture are loans for purchasing chemical fertilizers, pesticides, seedlings, seeds and feed.

2. Individual and private loans for agricultural production.

3, agricultural loans, loans for the purchase of agricultural tools, pumps, threshers and other small agricultural machinery.

4, small-scale irrigation and water conservancy capital construction loans. There are many kinds of loans. You can apply for unsecured loans, mortgage loans, pledged loans, joint secured loans and other ways, in which unsecured loans need to provide civil servants, employees of public institutions and other natural persons as guarantees.

Revolving credit, borrowing and repayment, savings interest. Farmers' small loans can be used for revolving credit, that is, within the available amount, they can borrow as needed within the loan period, and there is no need to apply again. But also when not in use, it can be repaid, saving interest expenses.