What is a small loan company?

Micro-credit loan is a small loan provided by rural credit cooperatives to farmers, rural industrial and commercial households and small rural enterprises within the approved quota and time limit based on the borrower's reputation.

in addition to traditional farming households and outdoor farming, microfinance targets also include various rural business households, individual industrial and commercial households and various micro-enterprises in rural areas. Specifically, it includes large farmers, contract farmers, migrant workers, small processing households, transport households, agricultural products circulation households and other urban and rural self-employed households related to agriculture, rural areas and farmers.