Baoshang demonstrates feasibility of micro lending
By Wang Bo | China Daily | Updated: 2010-05-21 07:49
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A farmer receives a loan from a bank in Shaoyang, Hunan province. Baoshang Bank has lent 6.2 billion yuan over the past five year to local small business owners and farmers. Li Aimin / for China Daily |
BAOTOU, Inner Mongolia - For Xu Laishun, a businessman in Baotou, tripling the size of his small grocery store into a mini supermarket has been a rough experience.
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