The Effect Analysis Of The First Experimentation Of Sichuan Rural Mutual Financial Cooperative

In the new times, the setting of rural mutual financial cooperative is a well way to solve three rural problem and also a development to promote the rural economy. Implementing such an entirely new rural mutual financial cooperative satisfies the demand of farmers specially which need the founds in a small amount, individually, efficiently and urgently. The rural mutual financial cooperative solve the problem of fund shortage partly, offer a certain amount of money and technology support when farmers product, promote rural economic development and increase farmers'income, promote the implementation of the new rural construction in China. This paper research in 8 Sichuan Rural mutual financial cooperative and analysis them with visual guide of cooperative finance and rural finance. We also made suggestion based on the research to promote the comprehensive development of Sichuan rural mutual financial cooperative hopefully.At present the Sichuan rural mutual financial cooperative developed well under the guide of governments at all levels. By the end of 2015 there have been 20 rural mutual financial cooperatives. At the same time with the growth of quantity, the cooperation was optimized and the total amount of funds was expanded. That shows the remarkable achievements. The Sichuan rural mutual financial cooperative implement the innovation of its own management and development by setting up the soft mortgage, insisting on being supported by the agricultural industry, establishing credit account, adhering to the democratic management. But these problems such as unperfect operating system, weak participation of members and difficult financing, unclear legal position hinder its development. The author thinks optimizing the internal governance, enhancing the quality of members, making supervision and administration standard, make the legal position of rural mutual financial cooperative can solve the problems of rural mutual financial cooperative in order to guide the Sichuan rural mutual financial cooperative to develop healthily and steadily.