Research On Microfinance Institution

Modern microfinance developed beyond 30 years in the world since the establishment of Grameen bank. It has also been introduced into China for more than 10 years as an important financial instrument to help the poor, create jobs and develop our economy. In fact, it has contributed a lot towards the salvation of the poor in these years. However, accompanying its development, as the result of lack in law, increasing number of problems are leaping out. Therefore, consummating the law of microfinance in time is the only solution. This thesis aim to design a practical institution though the analyse of the elements and specialties of microfinance and the comparative research of other countries' law for microfinance.This thesis divided into four parts.The first part researches the basic problems in law related to the microfinance. Firstly, the thesis defines the concept of microfinance and points out that microfinance is a financial tool to serve for low income population and tiny enterprise, a dynamic system, which includes both helping the poor and commercial characters. Based on this, the thesis analyzes four specialties of microfinance in law. Then the thesis analyzes two kind of jural relation of microfinance, which respectively are management relation and business relation. At last, the thesis values the establishment and consummation of institution of microfinance.The second part introduces China's practice and institution in the past ten years. Based on the history of microfinance in our country, the change of China's policy about this issue, the rules in interest rate, revenue and financial actions, author indicates five problems existing, such as undefinite legal statue of subject, fuzzy property right, ect.The third part is comparative research on international institutions of microfinance. This thesis concludes that a reasonable model of legislation is to establish microfinance law by People's Congress and should choose multiplex control.The fourth part suggests some measures of establishing China's institution of microfinance. Firstly, author indicates four principles of legislation. Then author give some suggestions on model of control and some substance institution designs.