Apply for rural youth entrepreneurship loans must meet the following conditions:

(a) under the age of forty, with full capacity for civil conduct;

(two) law-abiding, honest and trustworthy, no bad credit record;

(3) Have entrepreneurial desire and a certain foundation; Having a fixed residence or business place within the jurisdiction of the rural credit cooperative; Having the ability to repay the loan principal and interest;

(four) venture capital projects in line with the national industrial policy;

(5) Opening a personal settlement account with a loan issuing institution;

(six) voluntarily accept the supervision of the loan issuing institution on the funds in its account;

(seven) other conditions stipulated by the rural credit cooperatives.

The main process of micro-credit for rural youth entrepreneurship

Under normal circumstances, the main process of handling small loans for rural youth entrepreneurship is:

(a) application: eligible rural youth who need loans to start a business may apply to local grassroots organizations;

(2) Preliminary examination: After receiving the application from the rural youth entrepreneurship loan applicant, the grass-roots organization shall promptly review the basic conditions and entrepreneurial projects of the applicant and put forward preliminary examination opinions;

(3) Recommendation: If the grass-roots organizations meet the requirements in the preliminary examination, the grass-roots organizations should recommend them to the local rural credit cooperatives in time;

(4) Investigation: After receiving the list of applicants recommended by grass-roots organizations, rural credit cooperatives should conduct a survey of credit personnel in a timely manner, and give timely feedback to loan applicants who do not meet the loan conditions or can not fully meet the financial needs of rural youth after investigation;

(5) Rating: The rural credit cooperatives rate the applicants according to the investigation and relevant rating regulations. Those who fail to meet the loan conditions or fully meet the fund needs of rural youth after investigation should be promptly fed back to the loan applicants;

(6) Credit granting: If the rural credit cooperatives meet the loan conditions after investigation and rating, they shall timely review, approve and grant credit to the applicants according to the loan procedures;

(7) Issuance: Rural credit cooperatives timely issue loans to applicants according to the investigation, approval and credit granting and relevant loan procedures;

(8) Feedback: Rural credit cooperatives should promptly report the issuance of entrepreneurial loans to grass-roots league organizations, and regularly report the acceptance, credit line, credit line and actual loan issuance to local league organizations for the record.

What is the amount, term, interest rate and guarantee method of rural youth entrepreneurship loan?

amount of loan

According to the relevant documents, the amount of micro-credit loans for rural youth entrepreneurship is controlled within 30,000 yuan in principle, generally not exceeding 50,000 yuan; Depending on the actual risk of the borrower, mortgage, pledge and guarantee loans can be appropriately increased on the basis of the credit loan amount.

length of maturity

The term of rural youth entrepreneurship microfinance is flexibly determined according to the seasonal characteristics of agricultural production, the production cycle of entrepreneurial loan projects and the borrower's comprehensive repayment ability. The loan term is generally set within 3 years, and the longest is no more than 5 years.

Determination of loan interest rate

In order to support rural youth to speed up their entrepreneurial development, relevant documents stipulate that, according to the operation mode of "guaranteeing capital and making small profits", the loan interest rate can be given appropriate concessions on the basis of the loan interest rate announced by the People's Bank of China in the same period.

Guarantee mode

The guarantee method of small loans for rural youth entrepreneurship should be combined with reality and explored and innovated within the framework of legal provisions. Natural person guarantee, legal person guarantee, joint guarantee, guarantee company, real estate, forest right and other mortgage methods can be adopted, and credit models such as "company+farmers", "company+intermediary organization+farmers", "company+professional market+farmers" and "farmers' professional cooperatives+members" can be adopted to reduce the operation risk of venture loan projects around agricultural industrialization and comprehensively use credit *.

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