Since rural microfinance is a credit which grants loans without collateral and guarantees to farmers,it is considerably important to evaluate and control the household credit risk.Through establishing the evaluation i...Since rural microfinance is a credit which grants loans without collateral and guarantees to farmers,it is considerably important to evaluate and control the household credit risk.Through establishing the evaluation index system and then using catastrophe progression theory,three common types of catastrophe system and the normalization formula,we get the comprehensive evaluation.Finally,we take the empirical test and the result shows that this method is simpler and more objective which can be used by the credit cooperatives to decide whether to authorize the loans.展开更多
On the basis of presenting the terminology and classification of Rural Microfinance, this paper introduces the present situation of China's rural microfinance development and analyses the factors that hinder the h...On the basis of presenting the terminology and classification of Rural Microfinance, this paper introduces the present situation of China's rural microfinance development and analyses the factors that hinder the highly efficient and sustainable development of rural microfinance in current China. These factors include the operational risk, the financial resource and the sustainability of development, the regulation issues, and the issue of financial supporting services. This paper also makes several suggestions concerning policy making: the government should vigorously promote innovations in systems and mechanisms as well as products, constantly improve financial supporting services, and put more emphasis on supervision and control, as well as policy support.展开更多
基金Supported by Natural Sciences Foundation of China(70973097)
文摘Since rural microfinance is a credit which grants loans without collateral and guarantees to farmers,it is considerably important to evaluate and control the household credit risk.Through establishing the evaluation index system and then using catastrophe progression theory,three common types of catastrophe system and the normalization formula,we get the comprehensive evaluation.Finally,we take the empirical test and the result shows that this method is simpler and more objective which can be used by the credit cooperatives to decide whether to authorize the loans.
文摘On the basis of presenting the terminology and classification of Rural Microfinance, this paper introduces the present situation of China's rural microfinance development and analyses the factors that hinder the highly efficient and sustainable development of rural microfinance in current China. These factors include the operational risk, the financial resource and the sustainability of development, the regulation issues, and the issue of financial supporting services. This paper also makes several suggestions concerning policy making: the government should vigorously promote innovations in systems and mechanisms as well as products, constantly improve financial supporting services, and put more emphasis on supervision and control, as well as policy support.
