Zheng Quan Ri Bao Zhi Sheng·2025-07-03 05:50Core Insights - The article highlights the challenges faced by a local farmer, Shi Minsheng, in securing funding for his expanded lychee farm during the critical harvest season [1][2] - Agricultural Bank of China (ABC) has introduced a flexible loan product, "Huinong e-loan," which aims to streamline the loan process for farmers, allowing them to access funds quickly [2][4] Group 1: Farmer's Challenges - Shi Minsheng's lychee farm has doubled in size to 60 acres, leading to increased financial pressure due to the need for labor and materials during the short harvest period [1] - The urgency of the harvest means that any delays in funding could significantly impact the profitability of the season [1] Group 2: Financial Solutions - ABC's "Huinong e-loan" allows farmers to complete the loan application process quickly, with Shi's application entering the approval process within a day [2] - The loan product offers features such as "one-time credit, revolving use, flexible repayment, and preferential interest rates," which cater specifically to the needs of farmers [2][4] Group 3: Agricultural Bank's Role - As of May 2023, ABC's loan balance for farmers in Nanping reached 6.132 billion yuan, an increase of 580 million yuan since the beginning of the year, serving approximately 48,600 households [4] - ABC aims to support the entire agricultural value chain, from planting to sales, thereby contributing to rural revitalization efforts [4]