Zhonghe Rural Credit Cooperative is not a state-owned enterprise or an individual, but a limited liability joint venture company.

The purpose of Zhonghe Rural Credit Cooperative is to tailor diversified financial service products focusing on microfinance for low-and middle-income groups in the county who cannot fully enjoy the services of traditional financial institutions, so as to help them develop their industries, increase their income and realize a better life as soon as possible.

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the development course of Zhonghe Rural Credit Cooperative:

In p>1996, a pilot microfinance project was established in the poverty alleviation project in Qinba Mountain area with World Bank loan.

In p>2, China Foundation for Poverty Alleviation took over the microfinance project and established the microfinance project department. The predecessor of Zhonghe Rural Credit Cooperative was born.

in p>25, the first directly affiliated branch-Kangping County Farmers' Self-reliance Service Center was formally established.

in p>26, the first bank loan from CDB was not only a breakthrough in the financing bottleneck that has been puzzling the development of domestic microfinance industry, but also an exploration to open the road of commercial financing.

On November 18th, 28, China Foundation for Poverty Alleviation transformed the microfinance project department into Zhonghe Rural Credit Project Management Co., Ltd.. This marks that Zhonghe Rural Credit Cooperative has officially entered the stage of "corporatization" and "marketization", laying the foundation for the rapid development of the company.

In p>21, IFC and Sequoia Capital successively took shares in Zhonghe Rural Credit Cooperative; In the same year, the self-developed credit tracking system was fully launched.

in p>211, it was successfully connected to the central bank's credit information system.

in January p>215, the first product after the new regulations on asset securitization was listed on the Shenzhen stock exchange.

in September p>215, Xiangxin financial platform was officially put into operation.

In April p>216, Hainan Zhonghe Rural Credit Cooperative Microfinance Co., Ltd. was incorporated, which was an important milestone for Zhonghe Rural Credit Cooperative to solve the loan qualification problem.

In May p>216, Grameen Shangdu Microfinance Co., Ltd. was handed over to Zhonghe Rural Credit Cooperative for full management and merged into Zhonghe Rural Credit Cooperative's microfinance support platform.

in September, 216, in the social enterprise certification of the 5th China Ci Exhibition, Zhonghe Rural Credit Cooperative won the only honor of "Gold Medal Social Enterprise".

In November p>216, in the Global Financial Popularization Initiative 22 initiated by the World Bank Group, Zhonghe Rural Credit Cooperative, Ant Financial and Baidu Finance became the first China institutions to join.

In December p>216, Ant Financial and Tiantianxiangshang Fund officially announced the strategic investment in Zhonghe Rural Credit Cooperatives, among which Ant Financial became the second largest shareholder after China Foundation for Poverty Alleviation, which was a milestone after IFC and Sequoia Capital invested in Zhonghe Rural Credit Cooperatives in 21, marking the strategic transformation of Zhonghe Rural Credit Cooperatives has entered a new stage.

In June p>217, the first China Social Enterprise and Social Investment Forum was held, and Zhonghe Rural Credit Cooperative won the first "Social Enterprise of the Year" award.

Baidu Encyclopedia-Zhonghe Rural Credit Cooperative Project Management Co., Ltd.

Zhonghe Rural Credit Cooperative official website-Development Course