The local (city) poverty alleviation and development company is the main body of the loan, which is mainly used for social undertakings in agricultural and pastoral areas. The loan amount exceeds 1 100 million yuan, and it can be issued only after the local poverty alleviation department reports to the poverty alleviation office of the autonomous region and the poverty alleviation office of the autonomous region to the poverty alleviation office of the State Council for the record. In line with the provisions of the Notice on Comprehensively Reforming the Management System of Discounted Poverty Alleviation Loans (Guo Kaifa [2008] No.29), the interest rate of subsidized poverty alleviation loans in Tibet is 1.08%, otherwise the general commercial loan interest rate of Tibetan financial institutions will be implemented.