Research On Service System Of Small Loan For Farmers Of Hainan Province

This study aims to tackle the dilemmas associated with the implementation and theory of the development of microcredit to farmers in Hainan.The study lays its foundation by redefining the special attributes and the connotation of microcredit to farmers,summarizes the main problems in the development of microcredit to farmers in Hainan,analyzes the root causes,and constructs the three service systems,namely the farmers',the financial institutions' and of the government's.Main contents and innovations of this thesis are as follows:1.It defines the connotation of "microcredit to farmers".It redefines the microcredit to farmers from the perspective of economics,believing that such microcredit has the traits of both public goods and personal belongings,which is typical quasi-public goods.Microcredit to farmers is competitive in the eye of a microcredit provider(financial institutions)but non-exclusive to the minds of the recipients(farmers).2.To improve the due repayment rate and the application acceptance rate of farmer borrowers,the farmer borrower selection mechanism was established,the standards of co-guarantee numbers were set up and the farmer service system for Hainan microcredit business was constructed.3.To give a full play of the decisive role of markets,the system structure was strengthened.The service model,which is labelled as “five authorizations”,was established,the nine “professional” management model was formed,the social integrity cultivating system was created and the financial institutions services system for in Hainan microcredit to farmers was constructed.4.To make the most of the financial leverage of government financial support,the interest discount practice for farmer loans and the prize and compensation system for microfinance institutions were established.The mechanism to push and promote work was created and improved,the government policy support was strengthened,and the governmental interest discount model was established,with the scope of such interest discount and the eligible microfinance financial institutions in Hainan determined,so that the government service system for microcredit to farmers was developed.