Venture loan refers to a special loan issued by an individual who has certain production and operation ability or has been engaged in production and operation, applies for the capital demand for starting or re-starting, and is recognized by the bank and provides effective guarantee.
definition
Venture loans are mainly incentive loans for local college students and individuals. The general interest rate is low. .
Venture loan refers to a small credit loan which is different from the current consumer loan and is used to meet the needs of individual entrepreneurs in urban and rural areas. In terms of loan amount, it is a small loan; From the nature of the loan, it is a credit loan and does not need mortgage guarantee; From the perspective of loan targets, it is individual urban and rural residents, not existing enterprises; In terms of loan purposes, it belongs to entrepreneurial loans, which is different from the current consumer loans; As far as the loan name is concerned, it belongs to the nickname of microfinance, which is a China title that conforms to the national conditions; In terms of poverty alleviation effect, it has the highest poverty alleviation efficiency, the largest coverage, the best economic benefits, the highest loan recovery rate and the fastest capital turnover rate, which can make the country's poverty alleviation funds play the greatest role.
It can solve the employment problem of urban and rural people, change employment into independent entrepreneurship, and then stimulate people's creative potential. Providing continuous credit services can effectively prevent the phenomenon of returning to poverty after poverty alleviation. Venture loan aims to highlight and encourage the employment form of self-employment, which is different from personal consumption loan under the employment form. The successful experience of Professor Muhammad Yunus from the Department of Economics of Chittagong University provides reference for the implementation of risk loans in China.
Personal entrepreneurship
Venture loan refers to a special loan issued by an individual who has certain production and operation ability or has engaged in production and operation activities, applies for the capital demand for starting or re-starting, and is recognized by the bank and provides effective guarantee. Eligible borrowers can get a single loan of up to 500,000 yuan according to their own resources and repayment ability; For those who start a business to a certain scale or become re-employment stars, they can also apply for higher loans. The term of venture loan is generally 1 year, and the longest is no more than 3 years. In order to support laid-off workers to start their own businesses, the interest rate of business start-up loans can be lowered by 20% according to the same interest rate stipulated by the People's Bank of China, and the business start-up loans for laid-off workers launched in many areas can also enjoy a 60% discount from the government.