Information > General article > Raiders channel > personal loan >  text

Agricultural Bank of China Hubei Branch Poverty Alleviation Loan

Time: 2013-07-24         Source: Agricultural Bank         Author: Agricultural Bank

  Poverty alleviation loanis ChinaABCAccording to the "China Rural Poverty Alleviation and Development Program (2001-2010)", a highly policy-oriented loan was established to support the economic development of key poverty-stricken areas and the rural poor to lift poverty and increase income.

Loan object
Poverty alleviation loans are mainly used in key counties and poverty-stricken villages for national poverty alleviation and development, and focus on supporting leading enterprises in agricultural industrialization (including intermediary organizations such as farmers' brokers, associations and large-scale enterprises) to solve the problem of poverty-stricken households' food and clothing and increase income. Appropriately support small and medium-sized infrastructure construction and social undertaking projects in rural areas (including small towns).

Loan conditions
In order to ensure that poverty alleviation loans are really used for poverty alleviation projects in key national support areas, the Agricultural Bank of China mainly selects projects within the scope of the loan project library jointly determined by the provincial poverty alleviation department and the provincial finance department. Before issuing loans, the Bank must obtain approval from the local financial department and the poverty alleviation department.

Projects with a poverty alleviation loan of more than 100 million yuan will be reported to the State Council Poverty Alleviation Office for the record.
Loan amount
The amount of the specific loan project of the specific project depends on the amount approved by the authorized department (financial and poverty alleviation departments).
Loan term

The duration of the poverty alleviation loan is determined by the financial institution independently of the actual production cycle.

  Lending rates
The poverty alleviation loan interest subsidy is implemented in the form of direct financial replenishment to the enterprise. The loan bank receives the loan interest in full according to the relevant regulations of the People's Bank of China and the loan pricing requirements. The discount rate is 3% per annum and the interest period is 1 year.

[Exclusive Manuscript and Disclaimer] Any work, such as "360 Original", without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes on the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to:

Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)
you may also like
  • Agricultural Bank of China Hubei Branch Seasonal Acquisition Loan  Definition The seasonal acquisition loan refers to the short-term working capital loan issued in the peak season of agricultural and sideline products purchase, in order to solve the problem of insufficient normal working capital of agricultural and sideline products processing, circulation and reserve enterprises, and to meet the demand for purchasing funds. Loan object and access conditions Season...
  • Agricultural Bank of China Hubei Branch County County Small Hydropower Project Credit Policy  Adjusting the county small hydropower credit access policy to adjust the credit access policies for small hydropower in Guangdong, Guangxi, Fujian, Zhejiang, Jiangxi, Yunnan, Guizhou, Sichuan, Chongqing, Hunan, Hubei and Gansu, according to the following standards, and Not subject to the Agricultural Bank of China
  • Agricultural Bank of China Hubei Branch County SMEs movable property pledge financing  Definition The county-level small and medium-sized enterprise movable property pledge financing business refers to the short-term liquidity business provided by the Agricultural Bank to the county-level small and medium-sized enterprise legal person customers with the movable property pledge as the guarantee method, including loans, bank acceptance bills, letters of credit, etc. Access conditions Borrower (quality...
  • Agricultural Bank of China Hubei Branch County Senior High School Loan  Definition The county high school loan (referred to as the county high school loan) refers to the loan issued by the Agricultural Bank to the public high school in the county. Loan object The target of the county high school loan is the demonstration general high school in the county level (including) above the county level...
  • Agricultural Bank of China Hubei Branch Agricultural Industrialization Cluster Customer Credit Insurance Business  The definition refers to the legal person who meets the requirements of these Measures. After the qualified insurance company (hereinafter referred to as the insurance company) has applied for domestic trade credit insurance, the Bank provides the local currency to the legal person customer within a certain proportion of the invoice value within the policy coverage. Financing business...
You may also be interested in:
Related topics: