Study On Micro-credit Model Development Of Xpcg's Farms

Theory of micro-credit has been more mature at home and abroad, but in practice it has many problems in china, still in the exploratory stage。Xinjiang Production and Construction Corps (the Corps) explore the benefit of employees of Agricultural Farms and the special micro-credit model according to their reality in the financial services and agriculture:It is different from the farmers and rural micro-finance credit sector participation in both the main mode of implementation of the staff corps, the financial sector, corporations involved in the subject field of three micro-credit model。Corps mission field carries ouf"sub-system integration"of the two-tier management system-"enterprise contracting system under the household contract responsibility system", it plays a special role behavior in micro-credit operations in the agricultural and industrial performance monitoring and reducs the small corps transaction costs of credit operations。Given the special nature Corps microcredit, my paper sums up this mission in the field of micro-credit model, basing on institutional economics, property rights theory, financial theory and game theory as the theoretical basis, and studies its operating mechanism and internal compliance mechanisms more in-depth:Farms with Corps institutional import the necessary funds for the Economic Development corporating financial sector; The financial sector in the Corps, under the protection of the special structure, actively develops the micro-credit operations.Comparing to the face individual workers, it has low-risk group of occasions and low transaction costs to facilitate supervision and control; Due to the lack of production funds, the farms employees has willingness to borrow。By the game analysis, co-workers and the financial sector are the optimum choice。This papre found potential risks during the course of the study group microcredit market, the Corps gradually goes on market-oriented reform, therform the institutional advantages will disappear.The loss of default risk will increase.We should bring forth credit model.Based on the assessment of credit, corporate the micro-credit guarantee companies, innovate the way of collateral and guarantees.