The Research Of Rural Mutual Funds Loan Pricing In Anhui

As a major agricultural province in central China, the agriculture of Anhui has played a significant role in the development of the province's economy, as an important part of a macro-financial system, rural finance the supportive role of economic development is increasingly evident. In the current money supply of Anhui's rural financial market can not meet the financing needs of rural subjects, seriously slowdown the development of the rural economy, which is the cause of "three rural" problems existence in Anhui Province. As a new rural micro-financial institution, Rural Mutual funds is based on the rural areas, serving farmers and rural small businesses, helping the financial requirements to meet the rural economic development to a certain extent. Rural Mutual funds have some problems in their development, especially in the operations of loan pricing, have had a significant impact on sustainable development of the whole organization.This paper based on the analyzing of the developing situation of Rural Mutual funds in Anhui Province in the current, to explore that rural mutual funds have played a role in cleaning up the financial environment and promoting economic development, while to advance that they have existed a range of problems. Then we introduced the CGAP micro-loan pricing model of rural institutions of CGAP in the World Bank, with researching the actual situation of rural mutual funds of Changfeng in Anhui province, finding the various factors that affect loan pricing for scientific and rational assignment, estimating the theoretical value of the interest rate given by the model of Rural Mutual funds in Anhui Province. On this basis, comparing the rural capital of Anhui Province on the actual level of Rural Mutual funds lending rates with the theoretical value to find differences, and analyzing the reasons for differences. Finally, according to the analysis of this paper and learning from the successful experience of international, for optimizing the mechanism of Rural Mutual funds's loan pricing of Anhui province, and then give some policy recommendations in four areas like the system, the market environment, the role of government support and self-building. This paper argues that the current loan pricing in Rural Mutual funds interest rates is low, is not conducive to the sustainable development of Rural Mutual funds, and capital costs, management costs, loan losses and other factors, should be taken into account in order to ensure the loan pricing scenically. However, due to the current nature of the Rural Mutual funds, there are still some difficulties in achieving scientific and reasonable price, therefore, needing to mobilize all forces to create a good environment to make Rural Mutual funds loan pricing scenically of Anhui Province, in order to achieve the sustainable development of Mutual funds loan.