The MC policy revised the loan limit for women and raised it from RMB 50, 000 to RMB 80, 000. Also, for women who start a new business in a group, the loan limit per person is RMB100,000.
Huizhou opens the 2nd MCC which will focus on providing funding and services to the agriculture industry, farmers, rural areas, and small and medium-sized enterprises. The loan limit is 5 million RMB.
Xing’an started a new commercial MCC which focuses on micro-credit and provides funding to individual businesses and small and medium-sized enterprises. At the end of last year, the MCC expanded and received RMB 40 million more in funding from the Juxiang Investment Company. Now the MCC can provide loans up to 2.5 million RMB.