Core Viewpoint - The Agricultural Bank of Tibet has successfully implemented a credit system to support the financial needs of farmers and herders, significantly improving their living standards and economic conditions through innovative loan products and services [1][4][8]. Group 1: Credit System Development - The Agricultural Bank of Tibet launched the "Three Cards" small loan product in March 2001, which became a vital tool for building a credit system in rural areas, characterized by no collateral requirements, simple application processes, flexible usage, and quick disbursement [1]. - The "Four Card" product system was developed from the original "Three Cards" starting in 2005, enhancing the credit offerings to better meet the financial needs of farmers and herders [4][8]. - As of now, the Agricultural Bank has issued 460,300 "Four Card" loans, with a coverage and usage rate exceeding 95% [4]. Group 2: Impact on Local Communities - The implementation of the "Three Cards" policy has transformed rural areas, as evidenced by the case of a family in the Ali region who improved their livelihood through loans for purchasing equipment, leading to the establishment of a successful transportation business [2][3]. - The credit system has enabled local entrepreneurs, such as a carpet weaving master, to expand their businesses and create job opportunities for the community, demonstrating the positive socio-economic impact of financial support [5][6]. Group 3: Technological Integration and Future Plans - Since 2019, the Agricultural Bank of Tibet has restructured its credit system to incorporate digital technologies, enhancing efficiency and accuracy in credit assessments and loan disbursements [7]. - The bank plans to establish a bilingual remote service center by 2025, aiming to further improve accessibility to financial services for farmers and herders [7][8]. - The bank has also expanded its credit rating system to include more tiers, allowing for more precise and automated credit evaluations, which aligns with the unique needs of the Tibetan agricultural sector [8].