Financial institutions in Xianning, Hubei province actively explore and innovate financial products and financial services in line with the actual needs of migrant workers. They try to provide loans for migrant workers to start businesses, and provide credit support for local farmers to start businesses, local farmers to start businesses in local areas, and migrant workers returning home for business.

Hu Baojiang, 32 years old, is a villager of Chuen Lin village in Xianning, Hubei province. He is a migrant worker who has been engaged in auto parts sales in Guangdong and Wuhan. "Since the beginning of 2008, auto parts are becoming more and more difficult to sell."

Last May, I returned home from Guangdong, thinking about doing business here. "

Hu Baojiang said.

In June last year, Hu Baojiang and his fellow countrymen built their farms with local resources.

After the establishment of fish ponds, pig houses and other breeding facilities, "we ran out of money, which made us helpless.

I heard that credit unions are strongly supporting the return of migrant workers to start their own businesses.

Hu Baojiang said.

In January this year, Li Huaxi, director of the gem credit union of bamboo forest village, got information soon after he got to know the situation at Hu Baojiang's house and completed the loan formalities.

"After this loan, there are fish in the pond, a pig in the circle, a chicken in the field, and the business is alive!"

Hu Baojiang said happily.

"We ask bank credit officers to travel thousands of miles to enter thousands of households and send financial services to the families of migrant workers."

Chen Xiaoming, deputy director of Xianning Banking Supervision Bureau, said.

The credit support policy of the bank has returned to the migrant workers with the pace of loan officers, followed by financial services.

Xianning branch of ABC has issued small loans to migrant workers returning home through simplifying loan approval procedures and preferential lending rates.

In addition, ABC Xianning branch also launched the "ten send" activities, sending confidence, sending policies and sending money to migrant workers returning home.

Through a series of activities, it opened up a "green channel" for returning home migrant workers' entrepreneurial loans.

According to statistics, since 2008 June, Xianning rural credit cooperatives has issued a small guarantee loan for migrant workers returning home to 8 million 600 thousand yuan.

Through the support of the rural credit cooperatives, in Xianning, more and more migrant workers are starting to go back to their hometown to start their own business.

Xu Qiyun, editor in chief: