Research On Evaluation Method Of Micro - Finance Credit In China

Microfinance credit in our country has gone through a scratch, from small to large development process. Especially after the recent ten years of rapid development, China’s financial system is playing an increasingly important role. The initial microfinance credit is considered to be the exclusive public projects, the current microfinance credit market has formed a commercial operation based development model, through financial, information, technology and personnel exchanges both lenders and borrowers to form a top-down microfinance credit system. But in the process of development, for the understanding of microfinance credit assessment methods, there were many errors: too much emphasis on some collateral, the final realization of collateral was difficult, so that the high rate of bad debts; some overly fancy business customers scale, enterprise customers can not see the hidden business risks, and ultimately to bring their own significant losses.Complete set of mature microfinance credit not only helps microfinance credit supply side effectively meets microfinance clients identify conditions, but also to promote the healthy development of micro-finance credit markets.This article first typical credit rationing theory, group theory and relationship lending credit appraisal theory of the sort, and micro credit financial foreign representative assessment methods are described. Next to the more representative of the international micro-finance credit assessment methods, namely credit score and credit IPC technology to do a systematic comparative analysis and presentation,and Wells Fargo and Qujing City Commercial Bank as an example a case study. Wells Fargo agreed to use a credit score of rapid development, it is relatively easy and efficient process for the credit institutions and greatly reduce the cost of credit, but I think a credit score too much emphasis on past customer credit history, but there are many difficulties to establish credit scoring models therefore in the process of applying should be noted that each other. IPC credit technology abandoned on mortgage collateral worship, avoiding the loss of some of the lack of collateral, but other well-qualified customers. But too much focus on customer repayment ability and willingness may also increase the rate of non-performing loans. After a comparative analysis and case credit score and IPC technology research, based on the actual situation in China I proposed the design of new microfinance assessment methodologies, and to verify the actual case study analysis. Finally, establish a highly efficient team of credit, optimize business processes, and focus on maintaining customer relations and other aspects of development put forward some suggestions microfinance credit.