How to guarantee agricultural loans in Gansu?

Summer mornings in northwest China are cool and comfortable. Shen, a large cattle farmer in Shuigou Village, Heisongyi Town, Gulang County, Gansu Province, prepared breakfast for cattle and settled accounts.

"With this secured loan, you can buy another 70 calves and enter a batch of feed. It is no problem to earn 200,000 more this year. " Speaking of which, Shen narrowed his eyes and grinned.

Shen has a flexible mind and is good at raising cattle. In just a few years, he increased from a few cows to 140. With the continuous expansion of breeding scale, the investment in buying feed and raising cattle is also increasing, and he began to find it difficult to raise money.

"We farmers have no collateral. We need at least five public officials to guarantee the loan. I don't know how many times I ran to the bank for tens of thousands of dollars in recent years. I didn't expect that I don't want any mortgage and guarantee now, and I successfully borrowed 6,543,800 yuan through' Agricultural Loan'. " Shen opened the short message of loan issuance notice he received not long ago, and his tone became excited.

Over the years, "financing is difficult, expensive and slow", like three mountains, has been pressing on the development path of agricultural business entities like Shen. In order to solve this problem, from 2065438 to July 2006, Gansu Province established the Agricultural Credit Guarantee Co., Ltd. to establish a policy agricultural credit guarantee system with financial institutions to provide credit guarantee services for new agricultural business entities with moderate scale operation. "Agricultural loan" mentioned by Shen is a credit product jointly launched by Gansu Agricultural Credit Guarantee Corporation and Gansu Branch of Agricultural Bank of China.

According to the relevant person in charge of the Agricultural Bank of China Gansu Branch, the biggest difference between policy-based agricultural credit guarantee loans and ordinary loans lies in the innovation of risk sharing mechanism. Taking "agricultural loan" as an example, the rural credit guarantee company provides joint and several liability guarantee, and the bank establishes a 2: 8 risk sharing mechanism with it. The maximum amount of a single household is 3 million yuan, which can not only support small and micro enterprises and professional cooperatives involved in agriculture, but also support large farmers and family farms. At the same time, the availability and timeliness of loans have been significantly improved by implementing a batch of inspections and trials.

"Through the guarantee of the policy agricultural credit guarantee company, the bank loans obtained by agricultural business entities have preferential interest rates and guarantee rates, and the loan cost has also decreased." Ma Chen, deputy general manager of Gansu Dannong Company, told the reporter that the interest rate of guaranteed loans is usually within 6% per year, and the guarantee rate does not exceed 1%. By the end of June this year, the balance of Gansu single agricultural company in insurance has exceeded 654.38 billion yuan, and there are 654.38+065.438+097 projects in insurance.