The Study On Financing Of Micro-loan Companies In China

Since Muhammad Yunus explored small loans for poor people in 1976, officially began to operate Grameen Bank in 1983, and achieved great success, other countries began to learn from Grameen Bank model. After that, the sun of Bolivian banking, SHG-Bank Linkage and Bank akyat Indonesia appeared. In order to solve the financing problems of farmers and SMEs, in 1993, Grameen Bank model was introduced into China, and began to pilot commercial micro-credit institutions in 2005.So far, five or six years passed, micro-loan companies has got rapid development, but there has also been a series of problems. The shortage of funds, which directly hindered the sustainable management, is one of the main problems.Based on the funding problem of micro-loan companies as the research object, hoping to find suitable financing channel for microfinance companies, through analyzing the micro-loan companies'current sources of financing and financial status of micro-loan companies in China, summed that there are serious problems of shortage of funds in micro-loan companies. This paper argues that the major problems are:strict restrictions of the policy, the lack of specific financing models and identity blurred.Secondly, this paper thinks that the root cause of the shortage of funds lies in it's the fuzzy identity. In order to solve the shortage of funds, we must make clear its identity. This paper summarizes several ways for our country's micro-loan companies, such as rural bank, private bank, finance companies and professional micro-loan companies. The author thinks that these models are likely to coexist in our country.Thirdly, based on the summing up the success of foreign micro-credit institutions' financing channels, such as Bangladesh rural bank, people in Indonesia bank, Bolivia sunshine bank, India's self-help group-bank coupling pattern, summarize their fundraising experience and get some ideas for innovation of micro-loan company's financing channel. Finally, explore solution which is suitable for our country's micro-loan companies to solve lack of funds and puts forward that the subject of this financing channel innovation is professional microfinance companies. The main channels are establishing micro-credit fund for micro-loan companies, cooperating with Peer to Peer Microcredit Company and China Postal Savings Bank. In addition, this paper puts forward that to solve the problem of funds needs all respects of joint effort. The government should try its best to support the micro-loan companies and create a good social economic environment for Microfinance Company's development.