Mutual funds are mainly introduced to target customers by relying on platforms such as chambers of commerce and associations, and a "mutual fund pool" is formed according to a certain proportion of the funds paid by customers. It is a personal business loan mainly based on guarantee.
For banks, it has the characteristics of introducing customers in batches, solving information asymmetry, small credit line, scattered risks and obvious comprehensive effect of driving customers. At the same time, for customers, it can make small and micro customers warm up, find better guarantee methods, reduce financing costs and reduce the risk of guarantee chain.
Extended data
It is reported that in order to help poor villages and poor households develop together, speed up the pace of getting rich from poverty and solve the "last mile" problem of getting rid of poverty, the county has actively explored new measures, launched a pilot project of "Fu Xiao Mutual Fund for Poverty Alleviation" in Fuxiao Village, Donglinxi Town, a poor village, innovated the way of raising funds for the development of poor villages and poor households, and maximized the synergy of assistance.
The plan is to raise donations from all parties in the village, set up mutual aid associations and set up mutual aid funds in accordance with the way that "villagers are fully willing to actively mobilize cadres and workers of helping units, villagers who have successfully started businesses abroad and enterprises under their jurisdiction".
The local Party committee and government, in light of the actual situation, have formulated and promulgated scientific and specific management measures, set up special accounts and unified management, which are mainly used for emergency assistance of villagers in Fu Xiao Village and condolences of poor households. The financial department should strengthen supervision and ensure earmarking.
People's Network-Xiuning County's "Fu Xiao Poverty Alleviation Mutual Fund" pilot is in action
Baidu Encyclopedia-Mutual Fund