Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) - USD ($)

3 Months Ended

Mar. 31, 2018

Mar. 31, 2017

Dec. 31, 2017

Basis of Presentation and Summary of Significant Accounting Policies (Textual)

Restricted cash balance

$ 190,837

$ 184,437

Advances from customers

$ 249,847

$ 114,191

Distribution on equity method investment

Hengjiu is a related party which was 75% owned by Jiuyuan Investment Co., Ltd. ("Jiuyuan"), a shareholder of Beijing Jiucheng, and 25% owned by Xiangbin Meng, the Company's Chairman.

Service fee, percentage

Beijing Jiucheng was entitled to a service fee of 1% of the loan principal per month before July 1, 2016 and 1.5% per month effective July 1, 2016 and thereafter as Beijing Jiucheng increased the loan management and risk assessment services that were originally done by Beijing Hengjiu since May 2016.

Advertising expenses

$ 15,238

$ 20,581

Description on value added taxes

Financial services provided, generally the value added tax (“VAT”) rate is 3% of the gross sales for small scale VAT payer and 6% of the gross sales for general VAT payer

Foreign currency translation adjustment, description

Asset and liability accounts at March 31, 2018 and December 31, 2017 were translated at 6.2881 RMB to $1.00 and at 6.5063 RMB to $1.00, respectively, which were the exchange rates on the balance sheet dates. Equity accounts were stated at their historical rates. The average translation rates applied to the statements of operations for the three months ended March 31, 2018 and 2017 were 6.3714 RMB and 6.8925 RMB to $1.00, respectively. Cash flows from the Company's operations are calculated based upon the local currencies using the average translation rate.

Concentration risk, percentage

10.00%

10.00%