Interest on poverty alleviation microfinance loans is fully subsidized by county-level finance.
Poverty alleviation micro-loans refer to micro-loans issued to poor people such as poor households, poor rural households, low-income rural households, and poor households with established files. In order to encourage financial institutions to support poverty alleviation microfinance business, county finance usually fully subsidizes the interest of poverty alleviation microfinance, which can reduce the repayment burden of poor households and promote financial institutions to participate in poverty alleviation work more actively. Only in this way can we help poor households get financial support, carry out production and business activities, increase their income, improve their living conditions and promote poverty alleviation.