It came from a loan.

1. Loan steps:

1. Farmers should first apply for a "Loan Certificate" from the local rural credit cooperative

2. The rural credit cooperative receives the application The applicant's credit rating will then be assessed, and based on the assessed credit rating, the credit loan limit of the corresponding level will be determined and a "Loan Certificate" will be issued.

3. When farmers need small credit loans, they can apply directly to the rural credit cooperatives with the "Loan Certificate" and valid identity documents.

4. When rural credit cooperatives receive a loan application, they must review the purpose and amount of the loan. The loan can be issued if the application is qualified.

The loan interest rate pricing of rural credit cooperatives can be summarized into the following five types:

1. Policy-based pricing: mainly focused on some poverty alleviation loans, national student loans, and farmer entrepreneurship guarantees Fund loans include breeding, breeding and agricultural and sideline products processing industries.

These types of loans are subject to benchmark interest rates and account for a low proportion of rural credit cooperative loans.

2. Benefit-based pricing: Mainly focused on general farmers’ loans, loans to individual industrial and commercial households, and loans to small and medium-sized private enterprises. The interest rates of these types of loans are relatively high. Rural credit cooperatives generally have an increase of more than 50%, and this Loans account for a relatively high proportion of loans to rural credit cooperatives and are the main source of interest income for rural credit cooperatives.

3. Competitive pricing: It is mainly concentrated on prime customers in the service area and is the loan actively marketed by rural credit cooperatives. Such enterprises are generally larger in scale, stronger in strength, and more profitable. Those with strong capital liquidity and large amount of fund settlement are also the objects of competition for various financial institutions. The interest rates of such corporate loans generally do not rise or rise less.

4. Preferential pricing: mainly focused on loans pledged by deposit certificates of rural credit cooperatives or other financial institutions, loans pledged by bank acceptance bills, and shares in rural credit cooperatives where the capital is far greater than the loan amount, etc. The interest rate of this type of loan generally does not increase by more than 20%, which is commonly known as "preferential interest rate".

5. Market-based pricing: The interest rate of this type of loan is generally not fixed and can be adjusted at any time as the market conditions change. It is mainly the discount of bank acceptance bill.

What is a small credit loan for farmers?

Answer: Small credit loans for farmers are guaranteed by credit cooperatives based on the creditworthiness of farmers, and based on the actual situation of the credit cooperative and the local economic development level, within the approved limit (i.e. below 20,000 yuan) and Loans disbursed within the term.

What conditions should a borrower meet?

Answer: Small credit loans for farmers must meet the following conditions:

1. Farmers or individual farming households in the community must have full civil capacity.

2. Strong credit concept and good credit status.

3. Engage in land farming or other planting and breeding activities in line with national industrial policies and generate reliable income.

4. The family must have a workforce that understands production or business management capabilities.

What are the regulations on the purpose and arrangement sequence of small credit loans for farmers?

Answer: The purpose and arrangement sequence of small credit loans for farmers are:

1. Loans for agricultural production expenses such as planting and breeding, including fertilizers, pesticides, seedlings, and seeds. , feed and other loans.

2. Individual and private business loans that serve agricultural production.

3. Agricultural machinery loans, including cattle, water pumps, threshing machines and other small agricultural machinery.

4. Small farmland water conservancy infrastructure loans.

What is the procedure for issuing small credit loans to farmers?

Answer: The procedure for issuing small credit loans to farmers is:

1. Farmers submit a loan application to the credit union.

2. Credit staff investigate farmers’ production capital needs and family economic income, understand the borrower’s credit conditions, and provide preliminary opinions.

3. The credit rating team will determine the loan amount and issue a loan certificate based on the information provided by the credit officer.

4. With the loan certificate, farmers can apply for loans from the credit union one or more times within the approved amount and follow the prescribed procedures.