The Study On Rural Folk Finance Of Anhui Province From 1920s To 1930s

Anhui rural folk lending had a long history, it was the main source of farmers' lending. From the 1920s to 1930s, the new rural financial institutions began to appear, they impact the traditional folk lending, but the new financial institutions remained to be further perfection and development.The period was a transitory stage when the traditional rural folk lending conflicted with and coexist with the new rural financial.The private lending, Pawn and money will occupied the important position in the farmers lending. The private lending was the core of Anhui rural folk lending, farmers relied on private lending greatly. In Anhui the way of rural private lending basically had credit lending, mortgages, pre-selling and borrowing. Anhui rural usury had the characteristic of difference distribution of interest rate, time limit for short, spread wide, it both had negative influence, and positive effect. Pawn was a rural traditional organization in Anhui, the paper introduces mainly from the type of pawn, capital sources, internal organization structure, management, effect. Money will was a organization of folk mutual help and cooperation, it was different with the private lending and Hock, which had loan relationships.At the end of the 1920s, the modern rural financial institutions had been found, they had influence on traditional folk, meanwhile cooperatives and agricultural warehouse, farmers lending institutes had changed the model of traditional folk financial, expanded its denotation, they connected the formal financial with private financial, played important influence.