Microfinance is a credit product of Shanghai Zhongxin Finance, which was established on 20 13. What's good about Chongxin Finance's microfinance? Specifically embodied in "micro-loans", micro-loans are real micro-loans, providing small and micro-amounts of funds for people in urgent need and solving the problem that it is still difficult to borrow more money. Microfinance became popular from then on. Why does the market accept it so quickly? Let's analyze it carefully: the mainstream loan methods are mainly aimed at people with relatively strong economic strength. Even unsecured loans need people with high credit and high social status to get them more easily. Ordinary people need money badly and want to borrow money quickly. It is not easy to apply for credit loans through lending institutions or other platforms. Microfinance really meets the needs of the public. Small loans, small loans, to meet the needs of wage earners, such as factory workers and other general income groups. Moreover, it is a fast loan, as long as the customer signs it, and there is no restriction on the customer when collecting money, and there is no penalty. Small loans can really benefit everyone who needs small funds badly. Microfinance is mainly offline mode, and online mode will be opened in the future. When we are short of money, it is good to borrow money from others because of face problems. Just find a small loan. So what's the interest on the small loan? Is the interest on such a convenient and efficient credit loan higher? Don't worry, unlike long-term large loans, microfinance products have short quotas and low interest rates. For example, a person is in urgent need of 5,000 yuan, and he borrows it for a week and pays it back, resulting in a service charge in 84 yuan. For users, the amount of these tens of dollars is very small, which will not have much impact on life, but the borrowed money solves the urgent need. The products and models of microfinance will really be welcomed by the public, and it is a good choice for small emergency loans. Moreover, microfinance is expanding the market and will enter more cities across the country, which is being imitated by peers. In the future, the online model will better benefit borrowers.