Fangxian Special Loan Encourages Employment And Entrepreneurship

In June 28th, I saw in the Fangxian compound fertilizer plant that the cars, tractors and scooters that came to buy fertilizer were lined up as "long dragon".

The director, Yi Zhong, is busy recruiting business.

Although it is only a small business, it is happy to work for itself.

In June, Yi Zhongjun, who was laid off nearly five days ago and at the beginning of last year, supported the government's re employment and re start loan project last June. He founded this compound fertilizer production enterprise with an annual output of 15 thousand tons, and it also helped more than 20 laid-off workers achieve re employment.

At present, there are 5599 small employers in Fangxian, like Yi Zhongjun, who are supporting the employment and business integration with the support of the government's re employment and redevelopment loan projects. The total registered capital is more than 640 million yuan.

In recent years, in order to adapt to the aspirations of individual independent entrepreneurship and achieve self employment, the new employment situation has been increasing day by day. Since 2002, Fangxian has launched laid-off workers' re employment and re start loan projects: the government has extensively collected the items of "micro enterprises" which are suitable for individuals to establish independently, and has joined hands with the County Credit Union to set up a reserve for re employment loans for laid-off workers, so as to solve the problem of "small boss" loans.

In the projects chosen by the government, small and medium-sized service oriented, business oriented and small processing enterprises are mainly chosen by the government, especially in real estate agencies, home services, car washing, car repair, catering and business.

The entry threshold of such entrepreneurial projects is generally not high, and the minimum investment is only a few thousand yuan, which is between 5 and 100 thousand yuan.

This is a relatively small risk for early entrepreneurs, making it possible for more people to become small bosses.

In order to reduce the risk of bank lending, the county finance also set up 10 million yuan to set up a Credit Guarantee Center for small and medium enterprises, which fully implemented security and re guarantee, and provided financial support for entrepreneurs in time.

According to reports, in the past three years, the county credit cooperatives have distributed nearly 200 million yuan for laid-off and unemployed workers to re employment and re start business.