Conditions for applying for small loans:

1, Chinese mainland residents aged 18;

2. Have a stable address and work or business place;

3. Have a stable source of income;

4. There is no bad credit record, and the purpose of the loan cannot be used for stock trading and gambling;

5. Other conditions required by the bank.

Microfinance processing flow:

1. Submit an application to a local bank or lending institution;

2. Prepare various materials required for the loan;

3. Face-to-face signing of banks or lending institutions;

4. The bank examines the qualifications of the lender;

5. Approved and successful loans.

After the loan is successful, it must be repaid on time. Failure to repay or delay repayment is overdue.