Study Of A Micro-credit In The New Rural Construction

Microcredit is founded in the 1970's,which is recognized as an efficient way of fighting poverty internationally. It is successfully applied in hundreds of countries in the world and formed various sorts of models. It has made a tremendous contribution for millions of people out of poverty.Building up new socialist countryside has been great historic mission in the process of our country's modernization and government pays full attention to it. Actively develop microcredit is the best way to aiding Low-income groups, on the base of still 2 billion people who suffer from starvation.Financial sector of government has invested enormous funds and hundreds of microcredit agencies have been build since 1993 when microcredit surfaced in China. However there are many problems during the 10 years development.The study summarizes worldwide experience, analysis of development road in China and gives advice on microcredit. The content is on the background of construction new socialist countryside and according to the fact that the Low-income groups have urgent need of funds while rural finance system and microcredit continue to weaken. Then it will accumulate experiences on institution of microcredit industry and promote the development of construction new socialist village.