They are county (city, district) employment agencies, federations of industry and commerce, trade unions, *** Youth League, women's federations, private associations, and education departments.
Guaranteed loans for entrepreneurship in Yunnan Province can be subdivided into small loans for entrepreneurship with loan exemption and subsidy, guaranteed loans for personal entrepreneurship and guaranteed loans for small and micro enterprises.
Entrepreneurship guaranteed loans (formerly known as small-amount guaranteed loans, small-amount guaranteed loans for unemployed persons, and small-amount guaranteed loans for laid-off and unemployed persons) refer to individual entrepreneurs or small and micro enterprises who meet the prescribed conditions as borrowers, and are provided by relevant undertaking units (
Public employment service agencies, education departments, market supervision and management departments or mass organizations such as the Federation of Industry and Commerce, trade unions, *** Youth League, Women's Federation) are responsible for the recommendation, which is provided by the guarantee agency (Entrepreneurship Guaranteed Loan Guarantee Fund Operation and Management Agency)
The guarantee is issued by the handling bank (the banking financial institution that handles this loan), with interest discounts provided by the financial department, and is used to support the loan business of individual entrepreneurship or small and micro enterprises to expand employment.