The micro-credit application process consists mainly of the following steps:

What is the application process for rural microloans

1. **Credit rating**: Banks will conduct a comprehensive assessment of the general situation of farmers, their assets and liabilities, their production performance and their creditworthiness, and will classify their credit ratings as excellent, good and general。

2. ** Credit line approval**: Rural credit societies approve credit limits of the appropriate level, based on the credit rating of farmers, taking into account their financial needs。

** Loan certificates issued**: loan certificates are issued on a household basis and one certificate is issued for each household。

4. ** Borrowing application**: When applying for a loan, farmers need to have a loan certificate, valid identity card or account book, etc., before they can apply for a loan within the credit line。

5. **Lending**: Credit unions, upon receipt of a loan application from a farmer, are reviewed by the staff of the credit counter, enter into a loan contract and fill out the loan, so that the farmer can make the required payments。

** Repayment as scheduled**: Borrower is required to repay principal and interest on the loan at the time and amount agreed in the contract。

What are the channels through which farmers can obtain credit

1. **Agricultural mortgages**: If wages fall short of bank standards, consideration may be given to applying for a certain amount of loans by using their own farm as a guarantee. However, it is important to ensure that the right to ownership of the farm is clear and that such loans cannot be applied for without a land-use and home-ownership certificate。

2. ** Rural Credit Union Loans**: Rural Credit Unions have been established by the voluntary participation of farmers and collective economic organizations in the region to meet the loan needs of some farmers. The applicant needs to be a farmer in the region and to open an account at the credit union。

Today, financial policies in rural areas are becoming more robust and credit processing is more accessible than ever. Once the relevant conditions are met, it is possible to apply for microcredit to support productive activities。