On Micro-credit Of Rural Credit Cooperatives In China

Micro-credit is a credit model which was summed up for the poor by the Grameen Bank in Bangladesh in the 1970s,and soon extended to Asia, Africa and Latin America and other countries. In 1994, Micro-credit was introduced to our country and conducted a pilot, in 1999, as a formal financial institution, Rural Credit Cooperatives started a pilot of Micro-credit. In December 2001, Rural Credit Cooperatives began to release Micro-credit comprehensively, this indicated that formal financial institutions entered the field of Micro-credit widely, which was an important turning point of Micro-credit in china. Micro-credit of Rural Credit Cooperatives Occupies a leading position in the rural credit market, it can alleviate the problem of farmers loan, promote the development of Rural Credit cooperatives, inhibit the spread of civil usury. However, on the need of controlling risk, our farmers get loans and Rural Credit Cooperatives loan both difficultly in the field of rural credit market: the effective financing needs of farmers can not be met, but t a large amount of money has not been rational used in rural credit cooperatives. So how to solve this dilemma problem, meet the effective credit needs of farmers and promote the healthy development of Rural Credit Cooperatives is the main research of this paper.The paper consists of 5 parts: The first part surveys the background, the present research from domestic and broad scholars, as well as the research methods and main contents of this paper; The second part simplifies the meanings, the history evolution and the basic claim of Micro-credit, and discusses the function of Micro-credit about Rural Credit Cooperatives; In the third part, the author points out the problems of Micro-credit are"farmers get loans difficult"and"bank loans hard"on the base of the literature data and findings. The main reasons are high venture, high cost, low income, being lack of adequate policy sustain and mature management system for Rural Credit Cooperatives; The forth part, on the basis of the success operational experience, there are three kinds of good measures to develop Micro-credit of Rural Credit Cooperatives ,first, the Government should provide policy support; second, we should optimize the rural credit environment; third, Rural Credit Cooperatives must strengthen its own building; The fifth part is the conclusion of the paper, providing the defects and the research direction.