Securitization Of Microfinance Assets

Since the launch of the micro-credit business,it has played a huge role in solving the financing problems of small and micro enterprises,individual industrial and commercial households.Under the premise of risk control,the micro-credit companies adopt simple,efficient and efficient marketing mode,Micro-enterprises and industrial enterprises can get credit financing in a timely manner to alleviate the short-term financing problems of small and micro enterprises and individual industrial and commercial households,to solve some problems in commercial bank loans and private loans,by the state's encouragement and clear policy support The However,due to the special nature of small loans,micro-credit companies in the operation also appeared some difficulties,especially the scale of funds and loans.With the development of domestic asset securities business,through the securitization of asset securitization to solve the capital bottleneck of small loan companies,to speed up the small loan companies in the capital turnover rate,increase the size of small loans.Increase the small Wei enterprises,individual industrial and commercial households financial support,and promote the small Wei enterprises,the development of individual industrial and commercial households,it is of great significance.In this paper,the research methods of literature research and case analysis are used to study the case of CICI-BABA asset support special plan.This paper analyzes the transaction structure of microfinance assets supporting securitization,the composition of assets pool,the operation process and the risk control measures,and analyzes the risk characteristics and the profit situation of the small loans which constitute the asset pool.Through this special plan this paper discusses the improvement measures of the special plan of microfinance and puts forward the corresponding countermeasures and suggestions to further promote the development of micro-credit securities from the angle of policy,market and participant,which has played a revelation and reference for the issuance of the special support plan for micro-loan assets.