The photovoltaic poverty alleviation loan for farmers refers to the natural person loan issued by the Agricultural Bank to individual family members of farmers for purchasing and installing distributed photovoltaic power generation equipment, with photovoltaic power generation income (including subsidies) as the main repayment source. Farmers should conform to the definition of farmers' microfinance.

Photovoltaic poverty alleviation farmers' loans should be applied for and distributed on a household basis, with emphasis on supporting poor households who set up files and cards, and farmers who participate in the whole village promotion can also be admitted. Filing poverty-stricken households refers to farmers who have established information files of poverty-stricken households in local government departments and included them in the poverty alleviation list.

Loan term of photovoltaic poverty alleviation farmers: The loan term is reasonably determined according to photovoltaic power generation income, government electricity price subsidy, poverty alleviation income retention, other income of farmers and other factors, and generally does not exceed 10 year. If the local government has special requirements, the longest loan period for poor households who set up a file card shall not exceed 15 years.

Loan amount for photovoltaic poverty alleviation farmers: The loan amount for a single household is reasonably determined according to the borrower's equipment purchase cost, guarantee method, debt repayment ability and other factors. The maximum loan amount for single-family farmers is 654.38+10,000 yuan (inclusive), and the maximum loan amount for poor households with established files is 50,000 yuan (inclusive), which generally does not exceed 70% of the total investment of photovoltaic power generation projects. With the approval of tier-1 branches, the loan ratio can reach up to 90% of the total investment of the project if the government increases credit and the local government has special requirements.

Please consult your local Agricultural Bank for details.