"With this loan, I can increase my flock to over 1,000 sheep. The low interest rate reduces my breeding costs - this is fantastic," said Li Deji with emotion.
Li Deji is a livestock farmer from Tianbin Village, Daba Town, Minqin County. With continuously growing market demand, he identified promising market conditions this year and wanted to expand his operations, but was constrained by insufficient capital. When PSBC Minqin County Branch account managers learned of this situation during their visits, they proactively provided door-to-door service and helped him apply for a subsidized loan for characteristic industries. On August 1st, they successfully disbursed a 300,000 yuan industrial credit loan to Li Deji.
In Daba Town, Minqin County, Wuwei City, the couple Lu Xiangguo and his wife have been engaged in sheep farming for many years. With accumulated breeding experience and gradually expanding market channels, they seized the opportunity and decided to expand their farming scale, introduce higher-quality sheep breeds, and build more modern breeding facilities. However, the capital required for expansion put them in a difficult position. At this critical moment, PSBC Minqin County Branch account managers visited to understand in detail the customers' breeding scale, market sales situation, as well as their funding needs and repayment plans. After comprehensive evaluation, they recommended PSBC's "Speed Loan" product to the couple. Through online application and real-time approval, a 300,000 yuan loan was disbursed on the same day, August 7th.
According to reports, PSBC Wuwei Branch consistently focuses on local characteristic industries and supports the development of local specialty sectors through concrete actions. By innovating financial products and service models, simplifying loan procedures, and improving approval efficiency, the bank has provided timely, efficient, and considerate financial services to numerous large-scale farmers and new agricultural business entities. Meanwhile, the branch has strengthened cooperation with government departments to jointly build financial service platforms, providing more comprehensive support to livestock farmers, effectively addressing their practical difficulties, and helping them embark on a new journey toward prosperity through breeding.