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The Xiangshan County Federation of Trade Unions Finds New Services for Employees

The launching ceremony of Xiangshan County's Blue Collar Loan Card was held days ago. Xiangshan County and Rural Credit Cooperative Union County signed a Blue Collar Loan Group agreement totaling 100 million yuan of quota with a credit period of two years. During the ceremony, Jiang Yaoze and other 16 members from Tian'an Group Trade Unions received a credit quota of 100,000 yuan of Blue Collar Loan cards.
“The Blue Collar is useful for me when, for example, I want to start a business or renovation of my house, or buy a car, and it is particularly convenient. said Yan Qiu, a worker from Ningbo-acoustic communication Equipment Co. when asked the uses of this card.
It is understood that Xiangshan Federation of Trade Unions built a Rural Credit Cooperative Union funds in order to provide a platform for entrepreneurial employees to display their talent and resolve financial problems. The platform launched the Blue Collar Loan Card products, the first of this kind nationally, through the model of cooperation union recommendation plus credit unions issue.


Members can take microcredit loans, enjoy loan guarantees for member companies, take new businesses and innovation loan for members, and other loans in support of the Union members of Xiangshan born citizens with Service Card. According to different ways of the loans, the credit small loan is no more than 100,000 yuan, each member of the new businesses and innovation loan can get no more than 500,000 yuan in loan.
A responsible person from Xiangshan County Credit Union said, the product also provides privileges with the a 20% fall of loan interest rate of the same kind and a 30% decline of credit and lending rates.
 

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