Micro-credit loans for farmers refer to loans granted by Guangxi rural cooperative financial institutions to farmers without guarantee within the approved loan amount and period.

Loan target: households living in the administrative area of towns (excluding Chengguan Town) for a long time (over 1 year), including households living in the administrative villages under the jurisdiction of Chengguan Town for a long time and households whose household registration is not over 1 year, as well as state-owned farm workers and rural individual industrial and commercial households.

Basic conditions for application:

(1) is engaged in normal production and business activities, and its income source is legal and reliable;

(2) Having full capacity for civil conduct;

(3) Strong loan repayment ability; Good credit record.

The purpose of the loan:

(1) loans for production and operation such as planting and aquaculture;

(2) rural industry and commerce, transportation, construction, service, catering and other production or circulation activities.

(3) purchase large consumer loans such as daily necessities, housing and house purchase;

(4) Living expenses such as going to school and treating diseases.

Loan Term: The loan term is flexibly determined according to the seasonal characteristics of local agricultural production, the production cycle of the loan project and the borrower's comprehensive repayment ability.

Loan interest rate: Based on the loan interest rate of the same grade in the same period published by the People's Bank of China, it fluctuates within the scope allowed by the People's Bank of China, and is specifically determined by the rural cooperative institution handling the loan through consultation with the borrower.