What are the types of rural collective and individual loans?

There are several types of rural collective and individual loans: (1) production cost loans. Refers to the rural collective and individual farmers to solve the current year's production of liquidity required for the issuance of loans. Mainly for the purchase of fertilizers, pesticides, seeds, fodder, fuel, payment of water and electricity costs, ploughing costs, agricultural machinery repair costs and the purchase of eggs, breeding animals, young animals, handicrafts purchase of raw materials and production-related costs for the year. Loan period according to the length of the production cycle, generally no more than one year. (2) Production equipment loans. Refers to loans issued to help rural collectives and individual farmers increase their fixed assets. They are mainly used for purchasing machinery and equipment for planting and raising industries, drainage and irrigation equipment, water conservancy facilities, transportation equipment, cultivating animals, building poultry houses and animal sheds, as well as improvised equipment in handicrafts, and so on. In order to improve the welfare conditions, such as renovation of buildings, adding medical equipment, construction of roads, running water to the household, etc. insufficient funds, as long as there is a guarantee of repayment. You can also apply for this loan.