濮阳市农村贷款互助合作社简介(中英版).docVIP

Brief introduction of RLC Rural Loan Cooperative of PuYang, RLC for short, is a legal entity approved by China Academy of Social Science (CASS) and the municipal government of PuYang. It is not only an experimentation for the research of microfinance by CASS, but also a partner of the new rural construction center of Renmin University of China (RUC). RLC was prepared in December 2004, started in the May 1, 2006, and registered in the July 6, 2006. We disseminate a number of ideas, such as people get rich first should help the latecomer, people in towns should help people in rural areas, ‘good faith and good behavior , loans for the poor’, ‘Cooperation and mutual aid, way to rich for the poor’ . RLC’s marketing position is resist the usury firmly, supplement the traditional lack of commercial bank, provide microloan services for low-income families and SME owner, etc. It’s mission is train and organize the masses to create a new type of village fund which is truly belongs to themselves. Our team, have spent much many energy into the urban and rural communities, and done a lot of work. Until December 31, 2010, we had established a team of 64 employees, set up 5 branches, trained and organized the masses to create 403 mutual aid centers (village funds, treasury union), developed 10008 family members, with an repayable loan of 74.29 million RMB and total loans of 2.3 million RMB. As we adopt a sound working procedure and get great support and supervision from our member customers, our loan transaction business is very efficient without any corrugation, almost no need to call for unpaid load, no loan delinquency in past few several years, meanwhile RLC was praised as ‘created a financial myth’ by ‘ Xinmin Weekly’. RLC’s experience, is the innovation of GB which was well known in the world, in China, we had been always trying to create a mode of micro-credit which can comparable with Grameen Bank. More than 80 news medias reported RLC as the first peasants mutual lending