Research On Problems And Countermeasures Of The Informal Credit In Rural Areas

In recent years, the informal credit's scale in our country expanded year by year, especially in the economical developed area, the informal credit into a main channel for small and medium-sized enterprise. The demand for the financial service in rural areas has been increasing with the development of rural economy, however, the formal finance unable to cover rural market effectively. The demand for funds of peasant is satisfied through informal credit to some extent. Meanwhile, informal credit is not to be considered as an important question, the country does not have the surveillance measure. So, it appeared many problems. For the better display of the informal credit in rural area, guides its effective solute questions, This article lends the peasant household's and rural small and medium-sized enterprises as the main body, takes the key object of study the household in rural area, and analyzes its behavior. According to the influencing factor and effect from both the positive side and negative side, proposed that makes the related laws and regulations by the government, established specialized agency for two steps in rural areas and the provinces government. And utilizes the long-tail theory in the research, take the law of development as the backing, union the superiority and the strong point of governmental finance and the informal credit, proposed that lends informal credit into the national finance supervision system, display positive role to the rural area.The paper comprises six parts. In chapter 1, firstly it introduced the backdrops and the meanings on the selected topic. Afterwards the authors explain the internal and foreign study on the informal credit. In addition the authors introduce the resourceful train of thought, the method, the innovation aspects and the limitation on this paper. In chapter 2, the analysis of general theory on informal credit, the authors detailed define the informal credit on this paper, and then explain we analyzed the existent forms and the characteristic of the present informal credit. This chart is the base of the following content. In chapter 3, we discuss on the reality inspection of informal credit. Firstly we have the general situation on the development of informal credit in our country. Secondly, analysis the positive and negative effect, Union the empirical analysis in Shandong province, deep researches the actual content. Finally, the article summarized six new changes of informal credit in rural areas. In chapter 4, we study on the influencing factor of informal credit. Firstly, analysis the main body of informal credit in rural area. Had pointed out that the farmer borrows the fund from the governmental finance is very difficult; the wealthy household's investment demand cannot obtain satisfies fully; the informal credit in the rural community; information is asymmetrical; the fund demand is special. Secondly, the article analyses the market of informal credit in rural area, point out the fund from the governmental finance is fewer; the Limitation of traditional farming economy; the service's problems of the governmental finance and informal credit. Finally, analysis the influencing factor of government, point out the erroneous zone; have not concrete monitoring measure and related laws and regulations. In chapter 5, we mainly discuss the operating mechanism of informal credit, which mainly aims at the three ways. The first stage is sets up the informal credit office in villages and towns, the second stage is established informal credit management information system, the third stage is lends informal credit into the national finance supervision system. In chapter 6, Summary is given and continuative research on the informal credit in the future. We generalize the main conclusion in this paper and illuminate the continuative researched aspects.