Binh Thuan Rural Commercial Bank specializes in potato financial services to add confidence to i

Mondo Finance Updated on 2024-01-31

Pingshun potatoes are known for their sand, cotton, fragrant and glutinous, which melt in the mouth and are full of mellow aroma. "The unique potato growing environment makes the smooth potatoes famous in the surrounding area. At present, the potato planting area of Pingshun County is 30,000 mu, with an annual output of 3000-60 million kilograms, which is an important economy for the local people.

The investment in potato planting is large, and the cost of seedlings, fertilizers, labor, machinery and equipment is higher, and the investment of funds in the early stage is a big problem for farmers who grow potatoes. In 2018, Pingshun County Huituo Agricultural Products Professional Cooperative will plant and purchase potatoes in an organic series and develop in a "group" to create an industrial chain of "planting-purchase-processing-sales", and actively guide farmers to adjust the planting scale, change traditional planting habits, reduce diseases, increase yield, improve quality, and help farmers increase income. Every year, the cooperative drives more than 500 farmers to increase their income through the potato industry.

At the beginning of this year, the cooperative grasped the construction plan of the potato brand demonstration zone in Pingshun County and expanded the scale of production, but the existing working capital could not meet the needs of production and operation. The customer manager of Binh Thuan Rural Commercial Bank came to the door in a timely manner, provided financial protection to it in accordance with regulations through field research, comprehensive research and judgment, and ensured that the risk was controllable, and issued a loan of 3 million yuan, which effectively promoted the intensive potato processing and industrial transformation and upgrading of the cooperative, making the small potato a "little golden bean" to help rural revitalization. By the end of November, the cooperative's potato planting area reached 800 acres, with a total output of 1,750 kilograms and sales of 1.5 million yuan that year.

Industrial prosperity is the foundation of rural revitalization. In recent years, Binh Thuan Rural Commercial Bank has adhered to the word "agriculture" and continued to increase credit delivery in key areas of rural revitalization, taking "whole village credit" as the starting point, relying on a series of credit products such as Xingnongjin, and with the help of the model of "bank + agricultural enterprise + agricultural cooperative + farmer", it has taken the initiative to connect and understand the needs of farmers, increase the delivery of agriculture-related loans, and fully support agricultural production. As of the end of November, the bank had invested a total of 3300 million yuan, benefiting 8,322 rural households.

Bai Qian, Shang Weiwei, Cui Chuangfeng).

*: Shanxi Workers Network Enterprise News].

Statement: The copyright of this article belongs to the original author, if there is a mistake or infringement of your legitimate rights and interests, you can contact us by email, and we will deal with it in a timely manner. E-mail address: [email protected]

Related Pages