As we all know, before the development of internet finance, rural finance was often ignored. However, with the difficulty of rural loans, many financial institutions have taken a fancy to this "desolate land", and Alibaba's "Wangnong Loan" project will make this "desolate land" a "blue ocean". So, do you know what a Wangnong loan is? How to apply for Wangnong Loan?

1. What is Wangnong Loan?

Wangnong Loan is a pure credit loan product of rural Taobao service station for farmers and village Taoxiaoer. The maximum loan amount of Wangnong Loan is 500,000 yuan, and the loan method is pure credit loan, unsecured and unsecured. The term is divided into 6 months, 65,438+02 months and 24 months. Farmers can repay the interest on a monthly basis through Alipay account, and they can choose to repay the principal or average capital in one lump sum.

Second, how to apply for Wangnong Loan

1. Help to apply for loans through village amoy personnel;

2. Enter the network agricultural loan wireless terminal to apply for a loan;

3. Need to provide identity information and corresponding proof of assets such as land, houses or shops;

4. Online merchant banks can lend money on the day after approval at the earliest.