Since the beginning of the year, the Bank has taken full advantage of integrated financial advantages, optimized financial services, further met the need for diversified financing for rural revitalization, ensured that financial resources are applied precisely to the “three-farm” sector, consolidated the effectiveness of poverty eradication, followed by effective linkages between poverty eradication and rural revitalization, paved up a “financial bridge” for the villagers on their way to rural revitalization, and written a living story with a book of practical actions.
Let's get the herds up.
Xinjiang Changi's brother Ma, a member of the Xinjiang Chanji City Association for the Professional Co-operative of Cow Cows, has recently been happy, first by expanding herds and buying feed, and then by buying hundreds of fat cows.“Our brothers, because of the increase in the size of the farm, the amount of money invested and the tightness of the money, started running the bank, but since we had no collateral, the bank either failed to lend or had a particularly high interest rate, which was a real problem at the time."The Ma Brothers recall that
As soon as the Urumqi branch of the Omega Bank becomes aware of the situation, it visits the house to learn more about the business situation and the financial needs of the Ma's brother.
The “lending-raising-management” financing model effectively addresses the “pain point” of credit difficulties for farmers due to the “collateralized-unguaranteed” approach and meets the financial needs of farmers to expand their production.On 30 September 2021, the Urumqi branch of the Open-Ended Bank issued its first loan of $300,000 to raise a fat cow. The loan was paid in a timely manner. It resolved the problems of the cooperative. It also strengthened the confidence of the Ma's brothers in raising cattle.
It's a food basket for the people.
"Happiness" is a major agricultural development in Guangdong Mai County, agro-forestry and fruit cultivation, and marketing of food production.Since 2020, there has been little access to a large amount of order resources, but the surge in order volume has also brought “sweet troubles”: there are few plans to create a full business site for the “Saplings - Vegetables - Agricultural Disability Monitoring - Wholesale - Processing - Cold Chain Logistics” chain, with a funding gap of around $10 million and no qualified collateral for bank guarantees.
During an on-site visit by the May branch of the Open-Bank Bank, it was informed in a timely manner of the difficult credit requirements and financing situation, and a credit package of “credit loans + corporate mortgage loans” was tailored for the purpose: a credit loan of $4 million was earmarked for upstream procurement of fruit and vegetables to help enterprises to meet the immediate need for liquidity; a corporate mortgage loan of $6 million was earmarked for the purchase of end-of-life property from the New York City Agricultural by-products Market Ltd., May, to help businesses ease financial pressure
"Spring" of the big gate crabs.
“This year we not only have a big head, but we also have a very good taste, and we've doubled our total production from last year."Soldier Xuek, a family farmer in the village of Mon Heungh Dynasty, Jiangsu Jinnan County, is pleased to say:With the development of a special industry based on the size of the Totsemi River, over 2,000 acres of open crab base this year have been well received, with a total estimated output of over $30 million and a net profit of over $12 million."In June, I was in need of funds to build a cold bank and buy feed, thanks to a 200,000-dollar loan from the Nanjing branch of the Open People's Bank, which solved my difficulties.It's not the same as the rest of the rest of the world.
"Mother crabs are basically about 32 pounds per acre, yield is estimated at about 330 pounds per acre, the current price is about $70-100, and this year's net income of more than 2 million must be fine!Now, at a good time, when the Krabs were fat, the purchase orders came back, and Zhou was happy to see the big gate crabs in his 400 acres of crabs.
In the past year, the Bank has financed eight loans for soap farmers, totalling 940,000 yuan, which has led to the employment of 45 low-income families with slate cards and an annual increase of about 28,000 yuan in household income per capita.More than 200 people can be employed daily during the season of large gate crab sales, and more than 100 workers left behind in Soap Village have been employed at the gate in the crab industry, increased collection at the door, and made rich at the door.
A letter of thanks from the depths of the mountain.
On 14 October 2021, a letter of thanks from the village council of Kuchiu village (now known as Kyaw Mo village) in Kutsu commune, Shanshan County, came to the office of the Chengdu branch of the Bank.
Moving into a safe house is the most visible sign of getting out of poverty.Last year, a survey team from the OBC branch drove more than 570 kilometres into the village of Quiju for nine hours, and found housing problems such as humans and animals.Subsequently, the main branch moved quickly to connect by donating 800,000 yuan in furniture supplies to 169 poor households in the village of Quiju to improve the living conditions of the villagersIn view of the fragmentation of the cropland and the steep slopes of the village of Quixu, but the current status of the lawn area of more than 1,000 acres, the IADB branch has launched a region-specific “poor lending” product with a total credit of 2 million yuan to finance loans to poor families in the construction of a slate card for farming and farming expenditures.Together, initiatives such as the establishment of a platform for online distribution of pro-poor products in the mountains and the coordination of transport enterprises have led to the creation of long-lasting consumer-alleviation channels for poverty reductionThe HOPE Charitable Fund donated half a million yuan in education poverty alleviation funds for the establishment of wide sports parks, healthy campuses, music classrooms, children's parks, as well as for the replenishment of teachers'office facilities and the renovation of the classroom environmentIn addition, the Hiroshi Charitable Fund has applied for a total cost of $12,000 for the first university student in Kuchimura for three years in a row, together with a voluntary contribution of $8650 from Chengdu branch staff, to address the problems of student enrolment and living difficulties
The success of the fight against poverty in the village of Kuchiu has been recognized by leaders at all levels and by all sectors of society, as well as by the advanced collective efforts to combat poverty in the province of Sichuan in 2020.
