1. What are the requirements for entrepreneurial poverty alleviation loans?
The specific requirements are as follows: Farmers who meet the following conditions to start a business can apply for poverty alleviation loans in contiguous extremely poor areas, key counties for national poverty alleviation and development, and key counties for provincial poverty alleviation and development that are not included in the above scope. Registered poor households and leading agricultural industrialization enterprises confirmed by the poverty alleviation department. Poverty alleviation loans through business are used to support entrepreneurial business activities such as loan processing, e-commerce, and rural tourism. In addition, you also need to have a good credit record and proof of strength. The degree of poverty alleviation for farmers' entrepreneurship is determined based on the actual needs of registered poor farmers. The loan amount for each household is 10,000 to 50,000 yuan (including 50,000 yuan). The loan term is 1-3 years (including 3 years), and early repayment is allowed. Farmers' entrepreneurial poverty alleviation loan interest rate: poor households can get a one-time loan of 10,000 yuan, and large industrial development households can get a one-time loan of 100,000 yuan. The poverty alleviation department will discount the interest at an annual rate of 5%; the loan amount of leading poverty alleviation enterprises will be discounted at an annual rate of 3%. The discount period is subject to regulations.
2. Can poor households get a loan of 50,000 yuan?
Yes, the state has poverty alleviation loans for poor households. The maximum loan you can get is RMB 50,000. You can go to the Poverty Alleviation Office for information.
1. Purpose of applying for targeted poverty alleviation loans
Special loans for targeted poverty alleviation can generally only be used by poor households engaged in planting, breeding, agricultural product processing, transportation, commercial circulation, farm restaurants, etc. Business activities shall not be used for non-productive purposes such as marriage and house building. The specific development industries shall be determined by the guidance of the town and village levels. The loan purposes for wealthy individuals, rural cooperative organizations and leading enterprises are independently determined based on their respective industry types.
2. How to apply for targeted poverty alleviation loans
1. Poor households apply and lend directly to poor households.
2. Poor households apply for and lend money to poor households. The poor households hand over the money to the big households (enterprises) and sign a dividend agreement with the big households (enterprises).
3. Poor households apply for loans to large households (enterprises), but large households (enterprises) must sign development or dividend agreements with poor households.
3. Conditions for applying for targeted poverty alleviation loans
1. Be between 18 and 60 years old, have a fixed residence, and have full civil capacity;
2. Hold a valid identity document, have the ability to repay, and have no bad credit records;
3. The production and business activities engaged in are in compliance with national laws, regulations and industrial policies;
4. Have the willingness to borrow money and the ability to develop independently;
5. A person who can lead poor farmers who lack the ability to get rich (must be registered poor households) to increase their income and get rid of poverty, rural cooperative organizations, and leaders in agricultural industrialization Enterprise;
6. The lender needs to sign an income-increasing poverty alleviation agreement with poor households, village committees, town governments, and industry authorities ***, use the loan quota of poor farmers, and serve as the subject of the loan , bear the full responsibility for repaying the loan;
7. If the lender is a corporate legal person, in addition to meeting the conditions in the first 1 to 4 paragraphs, the legal representative of the corporate legal person must have a business license, organization code certificate, tax Registration certificate, production and operation license and other legal and valid documents.
IV. The amount and period of applying for targeted poverty alleviation loans
1. The loan amount for poor households is determined according to their respective needs (in principle, it is calculated based on the loan amount of 10,000 yuan per person). When applying for an organization, the amount per household should be controlled below 50,000 yuan (inclusive). The loan term is determined according to the borrower's loan purpose, and the loan term should be within 3 years.
2. The amount and term of loans for wealthy individuals, rural cooperative organizations and leading enterprises shall be determined by the town government based on a comprehensive review based on the number of poor households assisted and other circumstances. In principle, the loan amount shall not exceed The sum of the demand for loan quotas driven by poor households, the maximum loan period shall not exceed 3 years.
5. The expected annualized interest rate and interest discount for applying for targeted poverty alleviation loans
The expected annualized interest rate of the loan shall be based on the benchmark expected annualized interest rate of the People's Bank of China for the same period. Loans to poor households are subject to annual interest settlement and discounts. The lender applies to the Provincial Department of Finance for full interest discounts on the interest generated during the loan period. December 20th each year is the interest settlement date. Interest discounts are based on the principle of "collect first, then apply". No interest discount will be given to overdue loan interest and penalty interest arising from the borrower's failure to repay the loan on time and other breaches of contract.
3. What are the requirements for poverty alleviation loans
1. The applicant must be a Chinese citizen with a fixed residence and between the ages of 18 and 60 with full civil capacity. 2. In addition, the applicant also needs to have the ability to repay, have no bad credit record, and be willing to lend and have the ability to develop independently. 3. The production and operation activities engaged in are in compliance with national laws, regulations and industrial policies, and can help poor farmers who lack the ability to get rich increase their income and get rid of poverty and become rich. 4. The lender needs to sign a poverty alleviation promotion agreement with the village committee, town government, and competent authorities, and must be a rural cooperative organization or leading enterprise that can promote economic development. 5. If the lender is an enterprise legal person, it must have legal and valid documents such as business license, organization code certificate, tax registration certificate, production and operation license, etc. In general, the above conditions are conditions that users must meet. If they are not met on one day, they will not be able to apply for the corresponding loan.
Most poverty alleviation loans are interest-free loans or poverty alleviation loan projects. Such projects are generally more government-linked projects, such as student loans for college students, national poverty alleviation, disaster relief and other projects. Loan means that banks, credit unions and other institutions lend money to units or individuals who use the money, and generally stipulate interest and repayment dates. Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. Microcredit: 1. Review risks. The occurrence of loan risks often begins during the loan review stage. From comprehensive judicial practice, it can be seen that the risks that arise during the loan review stage mainly occur in the following links. Omissions in the review content may lead to bank loan reviewers missing out on one loan, resulting in credit risks. Loan review is a meticulous work that requires investigators to conduct systematic inspection and investigation on the qualifications, qualifications, credit, and property status of the loan subject. In practice, some commercial banks do not conduct due diligence, and the relevant loan review personnel often only focus on the identification of documents and lack due diligence. In this way, it is difficult to identify fraud in loans and can easily cause credit risks. Many erroneous judgments are caused by banks not taking expert opinions on the relevant content or letting professionals make professional judgments. During the loan review process, it is not only necessary to ascertain the facts, but also to make professional judgments on the relevant facts in legal, financial and other aspects. In practice, most loan review processes are not very rigorous and in place. 2. Legal content of pre-loan investigation. Review the legal status of the borrower with respect to its legal establishment and continuing existence. If it is an enterprise, it should be examined whether the borrower is established in accordance with the law, whether it has the qualifications and qualifications to engage in relevant business, check the business license and qualification certificates, and pay attention to whether the relevant licenses have passed annual inspections or related inspections. Regarding the borrower's creditworthiness, examine whether the borrower's registered capital is suitable for the loan; examine whether there is any obvious evasion of registered capital; past lending and repayment status; and whether there is any possible impact on the borrower's product quality, environmental protection, taxation, etc. Illegal circumstances of repayment. Regarding the borrower's borrowing conditions, whether the borrower has opened a basic account and general deposit account in accordance with relevant laws and regulations; whether the borrower's (if it is a company) foreign investment exceeds 50% of its net assets; whether the borrower's debt ratio meets the loan requirements people's requirements. Regarding Guarantees For guarantees, the guarantor’s qualifications, credibility, and ability to perform the contract will be investigated. 3. The borrower and its person in charge should also be specially reviewed. In order to reduce the moral hazard of the lender, the borrower and its person in charge should also be specially scrutinized. When financial institutions grant loans, in addition to reviewing the qualifications, conditions, and operating conditions of the borrower, In addition to other circumstances, it is necessary to strengthen the review and control of the personal qualities of the company's investors, legal representatives and key managers, including: gambling, drug abuse, whoring, and supporting key personnel such as the chairman, general manager, factory director, and manager Mistresses who frequent dance halls and saunas, excessively arrange weddings and weddings, purchase high-end cars that are not commensurate with their financial strength, and often rent high-end hotels, etc., must have their corporate loans strictly controlled.
4. What are the conditions for applying for poverty alleviation loans
Those with poor family conditions can apply.