First, the object of poverty alleviation microfinance
1, low-income farmers with full working ability but per capita income below 4000 yuan;
2. Various cooperative economic organizations that can support low-income farmers to get rid of poverty, but need to sign assistance agreements;
Two. Time limit for granting small poverty alleviation loans
Mainly according to the cycle of production and operation projects, the use period of poverty alleviation microfinance is one year, and the loan period is calculated by monthly method from the date of loan issuance.
Third, the process of granting small poverty alleviation loans.
1. Low-income farmers who meet the loan conditions independently choose production and operation projects and apply to the village Committee, which conducts a preliminary investigation and introduces them to Minfeng Bank.
2. On the basis of the introduction of Minfeng Bank by the village committee, the specific loan recipients will be independently audited and issued by Minfeng Bank.
It is worth noting that the expected annualized interest rate for the use of poverty alleviation micro-loans is implemented according to the expected annualized interest rate for the same period and the same grade as stipulated by the People's Bank of China. Individuals or units that repay on time enjoy a 50% discount, and the township sub-branch of Minfeng Bank pays directly when the individual or unit repays (that is, the lender pays 50% of the benchmark expected annualized interest rate when repaying). Once the poverty alleviation micro-loan is overdue, the lender will no longer enjoy the discount.
Fourth, the amount of small poverty alleviation loans.
1. The single-family loan for farmers with working ability but low income shall not exceed 1 10,000 yuan;
2. All kinds of cooperative economic organizations that have signed assistance agreements but can support low-income farmers to get rid of poverty can apply for 5,000 yuan per kloc-0/household, and the maximum loan does not exceed 50,000 yuan.