On July 30, Vice-president Chen Jianxiong, Orient Bangxin’s general manager Zhang Yanyan, technical executive Hu Lan, and assistant manager Li Wei attended the signing ceremony of COAMC and Ningxia Huimin Micro-credit’s strategic partnership.
Ningxia Huimin Micro-credit Company was founded in 2008. It focuses on the three rural issues and poverty, mostly serves women farmers, and provides micro-credit services to rural residents. By the end of June, Huimin has provided 900 million worth of loans to nearly 100 thousand farmers; its business covers 736 villages, 37 towns from 6 counties; it has affected 12606 clients, all of which farmers, and 93% of which are females. Loans recovery rate remains above 99.8%.
