Point 1: When applying for small loans, we should also examine and evaluate the repayment ability.

Although it is called a small amount, it is also a loan. All loans, whether bank loans or private loans, need your repayment ability, that is to say, those who claim to be able to lend you unconditionally must be liars or pretenders. In addition, for applicants, don't think that microfinance has no financial pressure. If you can't repay in time, you may violate national laws and regulations and be taken to court by microfinance companies. Therefore, it is important for both lending institutions and applicants to investigate and evaluate the repayment ability.

Point 2: Choose a formal lending institution to prevent being cheated.

There are many companies and institutions engaged in microfinance business in the market, among which there are mixed fish and dragons. As a loan applicant, you must choose carefully to prevent fraud. If you choose a lending institution, the other party may be an illegal institution: if it is more than twice the benchmark interest rate in the same period, it is already an illegal institution; See if there is any charge before the loan. If it is charged in the name of various fees and interest, it is problematic in nine cases out of ten. See if there are any suspicious signs such as remittance to pay interest, charging excessive interest for various reasons before lending, and not signing any contract.

The third point: pay attention to relevant policies and regulations and see if you can find some intimate policies to get preferential treatment.

Local governments have many micro-credit support policies for entrepreneurial women. Whether it meets the requirements needs to be clear, otherwise it may waste a lot of time.