The Study Of The Sustainable Development Of Hainan Microfinance Companies

With the implement and promote of this national strategy, International Tourism Island of Hainan, the development of Hainan economic ushered in a historic opportunity. However, the rapid economic development is also exposing the imperfections of the existing financial system, namely the existing financial system is rejecting the "san nong", SMEs and other vulnerable financial groups, resulting in the financing difficulties faced by the development of "san nong" and a number of SMEs. Meanwhile, the private financial markets is unusually prosperous. The booming development of microfinance companies have effectively activated the private capital and strongly supported for the development of the "san nong" and SMEs, which have played an important role in building a multi-level, diversified financial supply system to meet the needs of the financial and economic development of Hainan Province. Therefore, the study of the sustainable development of microfinance companies in Hainan Province has great significance.In this paper, with the guide of the relevant theoretical research of the development of microfinance companies at home and abroad, we use field research, surveys, standardized analysis and other research methods to study and analyze policy environment, financing and loan conditions, financial status of32officially opened microfinance companies in Hainan province, and lucubrate the sustainability of the development of Hainan microfinance companies. Studies have shown that the overall microfinance companies in Hainan Province generally have potential for sustainable development, but there are still have some constraints, we must overcome some key problems from internal and external, to achieve long-term sustainable development. Finally, to improve the sustainable development of Hainan microfinance companies, we propose countermeasures and suggestions based on the advanced experience of microfinance companies at home and abroad, hoping to provide a reference for the policy formulation department and the healthy development of Hainan microfinance companies.