Analysis on the Factors of Mirco-finance in the Rural Credit ...

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?Abstract? The Chinese government issued its first policy document on January 31(st), 2010. The document said, the quantum and the proportion of rural fund should keep the sustainable growth. It has been the "central first document" issued for seven consecutive years, which focused on the "Three rural issues ", and emphasized the most important status of "Three rural issues" in the period of socialist modernization in China. one of the key factors on the difficult position of China?s rural is the contradiction between supply and demand of the rural fund. Micro-finance, as an effective and important method of poverty alleviation, offers a new financial channel to poor people since it was born. It makes it possible for the poor people to get a loan and then cast off the poverty. In this circumstance, the micro-finance is a program which is beneficial to both the country and the people. The rural credit cooperative has begun to carry out the micro-finance program since last century. To a certain degree, this program can make the funding gaps of production and livelihood of farmers; it is also an opportunity for the rural credit cooperatives of China which has been developing slowly for a long time. So the research on micro-finance in the rural credit cooperatives is of great practical significance.China?s rural credit cooperatives microfinance development can be divided into three stages:the pilot phase of microfinance,the beginning stage of rural credit cooperatives microfinance,the extension stages of rural credit cooperatives microfinance.Through more than 10 years development, China?s rural credit cooperatives microfinance has grand scale, extended coverage and high quality of assets. However, due to the the following three reasons:institution, the degree of economic development and the mechanism, it will be a long time before rural credit cooperatives microfinance to achieve sustainable development. Through an empirical analysis of above factors can draw the conclusion: the total assets of rural credit cooperatives and rural credit cooperatives cash ratio, microfinance recovery, farmers average income, rural investment in fixed assets and rural credit cooperatives microfinance has significant relationship, which determines the joint action of rural credit cooperatives microfinance services level. In order to speed up the development of micro-finance in the rural credit cooperatives, the author thinks that we should improve the institutional capacity of their own, expand financing channel, relax restrictions, and create a favorable credit environment .

Title: Analysis on the Factors of Mirco-finance in the Rural Credit Cooperatives
Category: Finance economics
Filename: Analysis on the Factors of Mirco-finance in the Rural Credit Cooperatives.doc
Pages: 138
Price: US$38.00
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Source: http://www.economics-papers.com/?p=31899

db cooper jackie evancho wild flag wild flag frank lucas stevie wonder gurkha