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     Land Deposit-loaning Cooperative in Village
Add Time :2009-11-03      Hits:2913

村里有了土地存贷合作社

Land Deposit-loaning Cooperative in Village

By He Hongwei, Zhou Qun, Wu Yongcheng

Source: Farmers Daily

 

There is a land loan-deposit cooperative in Peng Dun village of Shi Pai County, Zhong Xiang city, Wu Bei province. In this cooperative, farmers can loan or deposit their land like the cash. Mr. Liu Xianhua, Director of Economic Cooperation Management Department, says that at present, this cooperative is operating one case of land loan-deposit. His villager Chen Zhicai deposited 9 mu farming land into the cooperative and soon, his neighbor Wang Shuqing applied for land loan from cooperative on October 15th. Cooperative sent one specially assigned person to meet with them and did investigation on the ground. After that, this case has been published on the village notice board. The two parties signed the official land loan contract at last.        

 

As Liu introduced, most of the labor of Peng Dun always taking part-time job outside and they usually leave their land to other villagers through parol agreement or do subcontract. Because they have no contract to guarantee their rights and responsibilities, disputes break out frequently. In this August, land loan-deposit cooperative starts in Peng Dun. In the beginning, cooperative has 16 representatives of members through voting by one out of twenty families. Then, these 16 representatives work together with village officials to lay down the relative management regulations. At the mean while, villagers vote out five people to be the members of board meeting and seven people to be the supervisors; cooperative registers at industrial and commercial bureau and gains the legal personality. Once villager wants to loan land from cooperative they need to apply by letter and specially assigned person will investigate on the ground. Finally, cooperative will issue the land deposit or loan certificate as well as set up back up data at land circulation center.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         

Liu carried out a folder of document in the cooperative office where just locates at the village office and picked one out and said this is the biggest case between villagers. Deposit party, Xu Zhongwen, 10.5 mu land deposited that considered as super fine farmland and priced as 100 yuan per year. Xu annually gains 1050 yuan for net income. Loan party is Xu Donglin whose family is the great farming family in this village. He pays 100 yuan per year for this loan.

According to the introduction of Mr. Ding Changyuan, the president of board member meeting, since cooperative founded, it has accepted 62 deposit cases, and total quantity is 1367 mu. All of it has been granted for loan.

 

Vice president of Shi Pai County, Yang Huayun said that Shi Pai County starts this testing spot in Peng Dun village to standardize the land contract circulation effectively and that is good for the stable development of rural society and economic as well as one beneficial attempt in the new era to explore the key section of rural structural reform.   

Copyright: International Committee for the Promotion of Chinese Industrial Cooperatives
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