Abstract: In practice, C County in Anhui Province designed an interlinked credit and insurance project on strawberry growing loans based on multi- guarantee system to connect farmers’ cooperatives, rural banks and insurance companies, thus effectively promoting the cooperation between banks and insurance companies. Our investigation reveals that interlinked credit and insurance in C County can not only effectively reduce credit risk and expand effective supply of rural bank, but also extend marketing channels of insurance companies. Therefore the C County pattern is beneficial for the common developments of farmers, rural banks and insurance companies