CHONGQING (CQNEWS) -- Chongqing has accumulatively offered women small guarantee loans of 834 million yuan, directly benefiting 23,000 women. Among the loans, the interest-deducted loans of 460 million yuan have been offered to the women in "two wings" area to start business, occupying about 55% of the total. The top-ranked due repayment rate is 99.6%.
In 2011 the federations of women in Chongqing will try to offer small loans of 800 million yuan to women, focusing on women in rural areas. The applicants only need to submit applications to their communities, village committees or federations of women and then the federations of women will carry out other processes. (Translated by Sun Hongxia, Fathom Language Limited)
