"You can get a loan to buy agricultural machinery!" On June 26, at the agricultural machinery loan window of Yongchun County Agricultural Machinery Station, several tea farmers who planned to purchase agricultural machinery were consulting about agricultural machinery loans. Tea farmer Lao Kang said happily: "Now I no longer have to worry about insufficient funds to buy agricultural machinery."

Since mid-April, Yongchun County has tried agricultural machinery loans. In more than two months, it has issued agricultural machinery loans The loan amounted to 3.3 million yuan, benefiting 35 farmers.

Cumbersome procedures make it difficult for farmers to get loans for purchasing machinery

The first agricultural machinery loanee, tea farmer Chen Shuanglin of Songshan Village, Sukeng Town, Yongchun County, had special emotions when talking about agricultural machinery loans.

Chen Shuanglin manages 10 acres of tea gardens by himself, with an annual output of about 750 kilograms, all processed by himself, and the profit can reach 25,000 yuan. With the popularization of tea-making machinery, the efficiency of tea-making has improved. After Chen Shuanglin has finished processing his own tea, he plans to expand the scale of production.

"Buying tea-making machinery requires a lot of money. I earn 20,000 to 30,000 yuan a year. After deducting expenses, there is not much money left." Chen Shuanglin said that although he wanted to get a loan, the procedures were cumbersome and rural areas It’s difficult to mortgage your house and property, and you still need to find a guarantor. Nowadays, many people are unwilling to do so.

With insufficient funds in hand and difficulty in guaranteeing and mortgaging, Chen Shuanglin didn’t know where to go for a loan. The idea of ??expanding production scale was thus shelved.

“In fact, situations like Chen Shuanglin’s are very common in rural areas.” Huang Yincai, assistant director of the Yongchun County Rural Credit Union, said that when farmers purchase agricultural machinery loans, they must use their houses as collateral, but rural house transactions are difficult. As collateral, financial institutions basically don't like it.

Agricultural machinery loans solve urgent needs

In April this year, Yongchun County Agricultural Machinery Station launched an agricultural machinery supermarket, and the county agricultural machinery station cooperated with the county rural credit union to launch agricultural machinery loan services.

Agricultural machinery loans are applied by farmers to rural credit cooperatives when purchasing agricultural machinery. They can provide loans for farmers purchasing machinery within 70% of the total purchase amount.

"Farmers can borrow first and then buy. Before purchasing agricultural machinery and tools in the agricultural machinery supermarket, the Rural Credit Cooperative will consult the agricultural machinery supermarket about the price of the agricultural machinery and tools, and provide loans to farmers within the range of less than 70% of the purchase price. When issuing a loan, the credit funds will be transferred directly to the settlement account opened by the agricultural machinery station and the rural credit cooperative. "Huang Yincai said that you can also buy first and then borrow. After purchasing agricultural machinery and tools in the agricultural machinery supermarket, the farmer will use the invoice receipt for purchasing the agricultural machinery and tools. Use proof materials to apply for a loan from the Rural Credit Cooperative, so that you can come, process, loan, and use it at any time, and you can choose different methods such as one-time repayment, installment repayment, and equal repayment.

Rural Credit Cooperatives have also innovated the guarantee method and introduced the pledge guarantee method of government subsidy income rights, that is, "farmers purchase agricultural machinery and tools from agricultural machinery companies, and the state subsidizes farmers' purchase of agricultural machinery and tools, and the subsidy money is paid by the credit cooperative "Issuance on behalf of farmers", and adopts various guarantee methods such as credit, guarantee, mortgage, pledge and combination guarantee. If the loan amount is less than 10,000 yuan and the credit rating of farmers is rated as A, the credit method will be used directly.

Learning that the county Rural Credit Cooperative has launched a new agricultural machinery loan service, Chen Shuanglin went to the agricultural machinery supermarket to buy tea-making machinery on April 16, and soon got a loan of 80,000 yuan to buy a set