At present, the state strongly supports the development of agriculture, rural areas and farmers. Many farmers are no longer confined to working in the fields, but intend to start aquaculture, agriculture and forestry planting and other businesses. However, they are suffering from lack of funds and want to borrow money. So how do rural microfinance loans? Do you need any qualifications? Today, I will tell you how to borrow money in the countryside.

First, how to borrow small loans in rural areas?

1, farmer rating: give farmers a rating according to their household income and business conditions.

2. Credit: Because many farmers have never been exposed to loans before, they don't even know what the credit report is. Therefore, in addition to the information provided, farmers' credit should also be investigated in combination with facts.

3. Issuance of loan certificates: issuance of loan certificates for one household.

4. Loan application: Users bring the application form, ID card and loan certificate to the counter to fill in the information.

5. Signing: After accepting the application, the rural credit cooperatives will review and arrange farmers to sign contracts. After the payment is made, it can be repaid on time.

Second, is the interest high?

According to the data, the benchmark annual interest rate of rural microfinance is 6%, the monthly interest rate is about 5%, and the maximum loanable amount is 654.38+10,000. In this way, 1 year, the total interest is100000× (1+6%) =106000 yuan.

The above is the relevant information of rural microfinance, and the situation will be slightly different from place to place. In addition, considering the different comprehensive qualifications of each person, the annual interest rate will fluctuate around 6%. Farmers in need can consult clearly before lending.