The Model Of Group Lending

Foreign on the rural financial research has a long history, academic circles to rural finance research, through long of exploration and practice, the rural financial subsidies from the original theory development to the1980s to Bangladesh after using group lending farmers the success of poverty alleviation loan realize financial model research. This paper based on group lending has the very strong sustainable poverty reduction function deployment. Group lending that have the sustainable poverty reduction function, the main reason is the endogenous mechanism produced by the function, gives is through group lending mode for can solve the rural financial unsecured loans because of information asymmetry problem of moral hazard and reduce the supervisory cost loans. The model for the great success of in Bangladesh are generalized to rapidly around the world, especially with Asia, Africa and Latin America and other developed countries owe the widely imitated, according to from already of the specific conditions of the countries create different credit mode. The author in this paper study around the world to group lending in the research and practice of various countries to group lending are analyzed, and the first to group lending in the important theoretical research results further analysis, the author through the statistics of the previous research viewpoint summarizes group lending relative to credit personal loan in theory of two advantages-group lending discernment mechanism and crew internal supervision mechanism. The author around the two big topics of domestic and foreign group lending reflect the actual situation of the compared analysis found that, although the traditional Group lending theory that the lower the cost of screening in bank and contributing to team members to their own benefit and supervise each other which can reduce the risk of default on loans effect significantly, but in the practical operation of all nations and regions but reflect and theory is not consistent results. Special attention is worth group lending in China local area in the recession has even tend to die, and at the same time data also showed a group lending in China’s rural finance loans the proportion of still is not high, the phenomenon is not in conformity with the group lending theory out of personal credit relative to the advantages of the loan, and summarizes some problems exist in the following up:(1) Group lending repayment rates in time and space differences.(2) Internal supervision mechanism produces conditions.(3) Group lending members of the space distribution and social cost in group lending in the role. In group lending theories of this a few variables of the specific function also is not clear, also has not yet found a way to their ideal mechanism research. The author in the study keen aware of the space distribution and members, social cost the supervisory cost the connection between the two, so in order to further exploration group lending the problems found in the author gives a further research.It is based on the above these doubts, let the author to recognize Group lending in the local area of research, perhaps more than in the broadest sense of the research is more valuable to the theory, the deepening, perhaps more than has been large number of real data analysis more help.Group lending to the exploration of the theory, the author of this paper is designed so that the structure of the:firstly proposed the main problems of the research; secondly, the problems around analysis domestic Group lending policies and present situation; thirdly, through the documents and research, determine the research method, establish the research model, and finally draw conclusions and suggestions.This paper mainly uses the research method is (1) Historical analysis;(2) comparative analysis;(3) The fact for example law;(4) Digital lists law;(5) Chart analysis method.According to these, this paper is strictly selected hypothesis basis, the author use the economics of the game theory on the research, the research approaches to gradually develop through obtained as follows the innovative conclusions:(1) Through the contrast analysis of individual credit loans complete information and incomplete information under the conditions of different circumstances, get the information asymmetry farmers to obtain an information rent conclusion;(2) The article first strict demonstrates the team group lending loans in the spatial distribution of the whole group lending to the impact of the team members of the reasonable space distribution and the supervisory cost, malicious breach the social cost of pay of natural linked with research;(3)In distinguishing different under the project income of two kinds of circumstances to two people group lending model was analyzed, the comparative analysis on the supervision, a supervision and two men also supervision and three kinds of situations, the author discussed under strict different income condition if farmers are also different choice of such supervision, and in different situations of the role of group lending repayment rates are also different, the conclusion explains in different time and space group lending repayment rates of the difference;(4) The author discusses the five people in a simple game model in the case, demonstrates the project income due to the difference of the bank should be reasonable set a group lending team members to achieve maximize returns the number of conclusion;(5) The article probes into the market price fluctuation of the influence of to repayment rates, the author holds that this is also lead to repayment rates in time and space borrows and large differences in important factors;(6) Combined with national policy, and rural durable goods increase the actual situation, the author analyzes the part of the collateral group lending introduced to the influence of the loan, demonstrates the part to reduce introduced collateral malicious default rate produce positive role.