Studying On The Micro-credit For Poverty Alleviation In Jiangsu Province

The poverty alleviation with credit policy is the important component of the anti-poverty strategy, which attracts more concerns of the overwhelming majority of developing countries. To be honest, credit as a financial method that gives an impetus to economic growth has an active effect on poverty alleviation, but it is confronted with secure challenges in practice. First, the poor are on the verge of the formal financial market. The formal financial institutions will refuse to give loans to the poor because of the profit motive as they face the questions such as smaller amount of loans, larger risks, worse credit standing without mortgage, difficulty in the supervision over the use of the loans (because of lacking related information of property and economy) and high management and dealing cost. Second, subsidized loans policy adopted by the overwhelming majority of developing countries brought about the following questions: the leakage of profit was serious, subsidized loans were often grabbed by the rich and the rate of loan payment was very low.In view of the aforementioned problems, the localities have launched a variety of useful exploration.By drawing on the successful experience of micro-credit, the micro-credit for poverty alleviation in Jiangsu province achieves a sustainable operation. This paper will reviewed China's poverty-relief work and the poverty alleviation with credit policy since the beginning of reform and opening up, and summarizes the success of micro-credit, analyzes of the operating mechanism and the characteristics of the micro-credit for poverty alleviation in Jiangsu province. Finally, we will take Sihong County as an example to analyze the performance evaluation.Research is as follows :Chapter 1 presents the study contents and means step by step, and on the basis gives the framework.Chapter 2 reviews China's poverty-relief work and the poverty alleviation with credit policy since 1979.Chapter 3 introduces the characteristics and inspiration of micro-credit. It begins with a brief introduction to the causes and characteristics of micro-credit. Secondly, analyzes its development in China and its weaknesses. At last, draw Some references and enlightenments from micro-credit.Chapter 4 is the core of the dissertation, which analyzes the mechanisms and characteristics of the micro-credit for poverty alleviation in Jiangsu Province.Chapter 5, this chapter selects Sihong County as the sample, analyzes the performance evaluation of the micro-credit for poverty alleviation from financial institutions and poor farmers.Chapter 6 combines the preceding analysis and presents some useful advices.