Research On Develepment Model Of Small Loan Company In China

"Credit-only" as "Chinese characteristics" in commercial microfinance institutions, whether in management or development models, small loan company, is significantly different from the folk financial organization and commercial bank. Besides, the pilot work carried out in a short time, shortening of practical experience, lacking of relevant theoretical research. Therefore, through studying the future development model of small loan company, to promote the efficient allocation of financial resources, has profound theoretical and practical significance in pushing forward the development of rural economy.This paper uses the knowledge of micro finance and rural finance theory, combining small loan and microfinance, small loan company and microfinance organization relationship at the first, then analyzing the logic of small loan company, it is believed that the small loan company is due to the serious imbalance between supply and demand of rural finance, a product of rural financial system innovation in China. For one hand, the State-owned commercial banks occupy a large market share in the rural credit market, but excessively pursue maximization of their own benefit, neglecting the basic services to rural economic development, making small enterprises, farmers and other vulnerable groups difficult to obtain financial support. For the other hand, private capital is abundance but suffer various restrictions, lacking of " sunshine, legitimate " identity to provide financial services for the rural economic development.Overview the current development of small loan company in China, the article goes on to make a detailed introduction to the microfinance industry several development model (village bank, finance company and quoted company), respectively compared with the small loan company from the systemthe design and development features. This paper argues that the high threshold of village bank, development status than small loan company, is not the best time of small loan company into rural bank. Moreover, the latter two modes easily lead to small loan companies deviate from the objectives of "the three rural", is not conducive to long-term development of small loan companies, nor is it the best choice for small loan company. Well, what is the future path of the development of small loan company? By drawing on the development experience of American Community Bank, Mexico Banco Compartamos, proposing that small loan company’s future development mode should be true rural community banks, the last of this paper described two paths of small loan company into a rural community banks and corresponding reform measures.