The Research Of Peasant Household Credit Availability

The implementation of rural revitalization is to solve the "three rural issues" which refers to agriculture,rural areas and rural people.The goal is to develop the rural economy,narrow the gap between urban and rural areas,and increase the income of farmers.In rural areas,farmers are the main consumers of rural financial markets.The research on availability of credit for farmers aims to get the current information on the background of rural area credit availability.In this way,we can continue to discuss how to improve the credit environment of farmers,solve the problem of farmers' financing difficulties,improve the matching of rural financial products with the actual needs of farmers,and help the rural people with welfare gain.Based on the above background,this paper studies 300 households in three sample villages of Gaoqing County,Zibo City,Shandong Province.Firstly,we investigate the credit availability by distributing questionnaire to rural household.The influencing factors affecting the availability of credit of farmers are divided into the credit demand factors of rural households and the credit supply factors of rural financial institutions.Then,based on the data from the questionnaire,we carry out descriptive statistical analysis from the four dimensions of individual characteristics,family characteristics,loan characteristics and relationship with financial institutions.Finally,use logistic model analysis of questionnaire data.From the statistical result,it can be seen that the gender,cultural level,cultivated land area,main income source and annual household income of the farmers have a significant positive impact on the credit availability of the farmers;on the contrary,age,loan quota and loan term of the farmers has had a significant negative impact.However,in the sample data,the household labor force of the household,the willingness to take risks,the use of the loan,and the distance from the financial institution do not show any significance on the credit availability of the farmer.Finally,based on the statistical results,we propose policy guidance on improving availability of credit for farmers.First,farmers should take actions to improve their credit conditions.Specifically,they should learn scientific and cultural knowledge,change their ideas,form a correct understanding of the credit business of financial institutions,and strive to maintain good credit information.Second,financial institutions should lower the credit threshold of farmers,improve the quality of services,and make the amount and duration of credit products match the actual situation of farmers,so that the credit offarmers can truly improve farmers' welfare and expand the scale of agricultural production rather than just increase amount of farmers.Finally,government should implement a series of “three rural” preferential policies in the revitalization of rural plans,rationally formulate the income of farmers to stabilize food prices,and support the establishment of township enterprises so that farmers can work nearby without affecting agricultural production to increase the peasant's off-farm income.