How to achieve the mortgage rate of 60% of farmland loans?

The China Rural Financial Development report 2015, recently released by the Financial Research Institute of the Development Research Center of the State Council, points out that the current agriculture-related loans, especially farmers' loans, have the difficulty of risk control because of the high ratio of non-performing loans.

According to the analysis of the report, the defect rate of farmers' loans in rural finance is on the high side, which is ostensibly caused by farmers' breach of contract, but it is fundamentally caused by the limitations of banks' financial service model. for example, the credit period is too short, and does not match the agricultural production cycle, in this case, a higher defect rate can be said to be inevitable.

Therefore, the lack of "anemia" in rural finance is not the lack of financial institutions, but the lack of financial service innovation. The report points out that in recent years, the impact of Internet technology on information collection, business costs and product innovation of rural financial services is deepening day by day, and the role of Internet technology in the rapid promotion of rural financial services is becoming increasingly prominent.

In 2015, Zhang Xinmin, a grower in Hanshou County, Hunan Province, borrowed 150000 yuan through the transfer of 150mu of land. Seeing that the repayment period is coming, the Loach and pearl fish raised by Zhang Xinmin can not sell at a good price, and some of them are unable to do so in the face of the repayment pressure of more than 10,000 a month. Hanshou County Postal savings Bank found in the post-loan monitoring that the loan may be overdue, if it is only overdue in the early period of time, through internal control management, post-loan management collection can be solved, but what the bank is most worried about is if it is overdue for a long time. What should I do with the land?

Finally, holding hands with the third party and cooperating with the third party becomes the way to solve this problem.

Li Jun, president of the Hanshou County branch of the Postal savings Bank, said that through cooperation with the land circulation network, a national Internet land transfer platform, the scope of land transfer can be expanded from this county to the whole country at once. After the problem of overdue occurs, the problem of rapid disposal no longer worries the bank. On the other hand, for farmers, after the tripartite cooperation with the Internet platform, the local banks will be able to give farmers a higher mortgage rate and increase the amount of loans because of the greatly reduced risks they are taking. Thus, it can help large growers solve the problem of shortage of funds to a greater extent.

Wu Yong, CEO of Tuliu.com, said that in the past, the mortgage rate of management rights mortgage loans was generally 50%, while Hanshou in cooperation with Tuliu.com, the mortgage rate could be raised to as high as 60%.