Research On The Problems And Countermeasures In The Operation Of Wuxi HS Microfinance Company

In order to promote the development of rural financial market,shortage of financial services in fill economic backward areas,rural enterprises,and the people engaged in the production are in urgent need of loans to alleviate problems such as,in December 2006,the China banking regulatory commission issued a document,encourage Banks and financial institutions into the rural areas,as well as capital strength in rural areas are encouraged to launch the establishment of a new type of financial institutions,so that they can for the masses in rural areas,and enterprises to provide more financial services.In this context,a lot of small loan companies have emerged successively.The establishment of small loan companies has brought development opportunities to many poor groups and small and medium-sized enterprises,especially to the rapid development of China's rural economy.Taking wuxi HS microcredit company as a case study,this paper further distinguishes the subjective and objective factors required by the benign operation of microcredit companies,which has important guiding significance for the healthy development of China's microcredit companies.This article USES the comparison analytic method,field survey method,literature analysis,case analysis and other research methods,combined with the successful experience of small loan companies both at home and abroad,in the process of wuxi HS microcredit company operating a variety of problems analyzed,mainly including the cost of capital is higher,the internal management ability is poor,the company's internal information application level is low,the.lack of business professionals,business problems such as lack of innovative products,to wuxi HS adverse impact on small loans company benign operation.Through the research and analysis of the above materials,this paper concludes that the countermeasures for the benign operation of small loan companies are to expand financing channels,reduce capital cost,improve internal management ability,establish and improve information system,build a team of high-quality credit management personnel,and increase product innovation ability.Only in this way can the market competitiveness of small loan companies be enhanced and the benign operation of small loan companies be realized.