Study On Borrowing Behavior Of Rural Households In Qianjiang City

Along with our country reform and open policy and the process of the sustainable development of rural economy and the deepening of rural reform in our country, our country gradually speed up the pace of agricultural restructuring, agricultural population transfer to non-agricultural fields gradually, gradually speed up the pace of agricultural restructuring and rural demand for financial services in China also gradually to increase, farmers demand for capital is increasingly intense, peasant household borrowing is more frequent. The existing rural financial system reform in our country, on the part of rural financial policy adjustment, especially rural credit cooperatives as the leading commercial banking industry and to undertake rectifying to rural cooperative foundation, makes the rural credit cooperatives in rural financial market the current existence of formal financial institutions. Due to government intervention and control limits as well as the historical burden and so on reasons, the ability of rural credit cooperatives to provide financial services is very limited, the rural financial market is heavily regulated. And rural economic development, industrial structure adjustment is inseparable from the support of rural finance. Farmers is the main body in the process of rural economic development, the farmers demand for funds with the development of rural economy and increasing, and at present the financing behavior of farmers severely suppressed, to a large extent the demand of the farmers are not being met. Money has become the farmers’ life and development of our country important limiting factors of production, domestic and foreign scholars have also conducted many correlation research. Therefore, rely on a variety of financial forms to meet the needs of farmers for funds, guide farmers reasonable borrowing. Farmers is the demand of the rural financial market main body, the borrowing subject to farmers as the breakthrough point, study the demand of peasant household borrowing to the improvement of efficiency of rural financial institutions, to determine the market positioning has certain practical significance, also has great significance for the development of rural economy.Peasant household borrowing behavior research is a difficult point in the study of rural finance, farmers financial needs are not being met problems in rural financial supply, there is also the question of peasant household financial needs. This paper mainly studies the influence factors of peasant household borrowing, through the survey of qianjiang city seven villages within their respective jurisdictions, find some characteristics of the factors that affect farmers borrowing, and puts forward the corresponding policy recommendations.The research object of this article is qianjiang city peasant household borrowing behavior, study is the scope of the rural financial market, including the formal financial institutions and the informal financial organization system. In the formal financial institutions, rural credit cooperatives in the rural formal financial institutions is the major agricultural farmers have direct business with financial institutions, is to provide financial services to rural and agricultural economic core strength; Therefore, this article focuses on formal financial organization of rural credit cooperatives. The informal financial system mainly includes the folk lending, folk fraternity, underground Banks, investment companies, etc., these financial organizations are usually based on popularity, geographical and kinship relations, with the nature of the mutual cooperation; Informal finance is generally based on a clear and unlimited liability on the basis of private property, and more convenient than formal financial, has an important role in the rural finance.This article is divided into five parts, including the third part to the fifth part is the main part of the paper.The first part, introduction. This chapter is mainly about the research background, research purpose, research significance, research status at home and abroad, research methods and ideas to do a overall in this paper.The second part, the theoretical basis. This chapter mainly discusses the theory of peasant household borrowing said behavior of farmer, rationality and irrationality, asymmetric information theory and the theory of incomplete contract theory and so on several major, laid the theoretical basis for this article.The third part, this chapter mainly through the existing literature on the current situation of our country peasant household borrowing, mainly in China’s rural financial market in the peasant household borrowing expounds several aspects of content.The fourth part, this chapter of the survey to describe the basic features of peasant household borrowing. Mainly by means of peasant household income levels, borrowing use frequency, lending and borrowing, funding sources and USES of funds, and lending interest rates and other characteristics, through the questionnaire form, statistical survey data, the qianjiang city peasant household borrowing behavior is described and analyzed.The fifth part, this chapter for policy recommendations. Mainly based on the former the paper based on the report reflects the problems of peasant household borrowing, aiming at the problems in its put forward policies and Suggestions to improve the rural credit market.Paper is the basic conclusion of the influencing factors of peasant household borrowing has many, including:the farmer’s economic strength, balance sheets, credit level, lending capital USES, property mortgage, income level, arable land, the farmer’s age, cultural level, family population and the number of available labor, social status and the social relationship of economic resources, etc. Think in terms of credit supply, the farmer’s reimbursement ability considers the main problem is the formal financial institutions, mainly is:credit situation, income level, can mortgage assets; Borrowing funds from the perspective of borrowing needs consideration:farmers have a lot of factors, but mainly depends on demand, include:the production and business operation, life consumption and emergencies emergency needs; In general, the demand of production and operation requirements of farmers’ economic development, the characteristics of this kind of peasant household is in 30 to 50 years old age, family population is in commonly 3 mouth, have certain cultural level:life consumption demand of peasant households generally is difficult family economic conditions, farmers need to borrow money and the farmers are usually family population is more, lower income, cultural level is low, the production and business operation is not too hard; In emergencies emergency demand of the farmers have no specific characteristics, general situation is farmers in the majority of family economic level is not high.Innovation point of this article is through field investigation on the influencing factors of peasant household borrowing to participate in the form of survey analysis, through the survey data and the influence factor of borrowing needs, found that households age, level of education, family, head of the household population, family cultivation area, per capita net income of family, know the situation of peasant household to loan policy, farmers in the past whether lending more significantly affects the peasant household borrowing to participate.