Study On The Impact Of Livelihood Capital On Default Of Precision Poverty Alleviation Microfinance And Its Sequence

Microfinance is a financial poverty alleviation product for the development and innovation of poor groups.Since the founding of New China,a series of poverty alleviation work has been carried out,and financial poverty alleviation business of microfinance has also been adopted.Through years of hard work and persistence,hundreds of millions of poor people in China have been lifted out of poverty.However,because poor peasants are the smallest livelihood units in rural society,their livelihood capital is relatively scarce and their own development ability is not high.Faced with various risk shocks,it will cause poor farmers to get rid of poverty and have a high probability of returning to poverty,which in turn will affect loan repayment ability.Based on the perspective of poverty alleviation,it is a problem that needs to be seriously considered in the practice of precision poverty alleviation by deeply analyzing the impact of livelihood capital on the default of precision poverty alleviation loans.Therefore,this paper uses the survey data of poverty-stricken mountainous areas in Shaanxi Province,the impact of postgraduate funds on loan defaults of different types of poor farmers,and the correlation and order between them.And put forward countermeasures and suggestions to help poor farmers get rid of poverty and get rich,ensure the safe operation of credit funds,and promote the sustainable development of financial precision and poverty alleviation.This article is divided into six chapters.The first chapter is an introduction.The second chapter expounds the related concepts,connotation and theoretical basis of precision poverty alleviation,microfinance default theory and financial poverty alleviation theory.And the relationship between microfinance and precision poverty alleviation within the framework of sustainable livelihood capital.The third chapter analyzes the current situation and existing problems of poor farmers' poverty alleviation loans.Chapter 4 introduces data source and variable settings and performs descriptive statistical analysis.The fifth chapter empirically analyzes the factors affecting the risk of microfinance default in different types of poor families.Then use the ISM model to analyze the hierarchical structure and related relationship of the significant influencing factors of different types of poor farmers,and to influence the different types of poor farmers to accurately prioritize the poverty alleviation microfinance default risk factors and related analysis.In the sixth chapter,based on theconclusions of the research,from the perspective of the livelihood capital of the poor farmers and the external macro environment,the relevant policies and suggestions on the default risk of microfinance loans for poor poverty alleviation are put forward to promote the healthy and sustainable development of microfinance and achieve accurate poverty alleviation.The conclusions of the study indicate that:(1)Poor farmers have weaker livelihood capital and are more vulnerable to risk,which makes it difficult to get rid of poverty and has a high probability of returning to poverty.(2)The government and financial institutions need to improve the guarantee mechanism and risk supervision and management mechanism for poverty alleviation microfinance.(3)The livelihood capital of poor farmers plays an important role in loan default risk.Among them,human capital,social capital and financial capital have obvious control effects on loan default,while natural capital and material capital have no obvious effect on farmers' credit default prevention and control.(4)There are correlations and orderlines between the factors affecting loan default of different types of poor farmers.Among them,the deep-rooted factor affecting the loan default of healthy poor farmers in social capital is the neighborhood relationship;the deep-rooted factors affecting the default of human capital and financial capital loans of poor farmers are the education level and risk attitude;affecting the poor loans of economically poor farmers in social capital Whether the deep root cause factors participate in agricultural production professional cooperatives.(5)Industrial poverty alleviation is an important means for farmers to get rid of poverty.The financial assistance industry poverty alleviation model can reduce the possibility of loan default.