Research On Microcredit Sustainable Development

In 90s, micro-credit was introduced to China with the pattern of poverty alleviation. After 20 years, we constantly innovate and develop the theory and practice of micro-credit. In 2005, CBRC and PBC decided to carry out the pilot work of the micro-credit company in Shanxi, Sichuan, Shanxi, Guizhou and Neimenggu. As the first batch of 7 pilot micro-credit company's successful operation, CBRC and PBC common published "The Guidance on the Pilot of Micro-Credit Company " in May of 2008. Afterwards, the pilot of micro-credit companies is carrying out broadly everywhere.Since developed, the micro-credit company has been widespread concern, to effectively solve the financing problem. so it is great significance to research form theory to reality. Based on theory research, this article discuss the sustainable development of micro-credit companies by the matters such as data, example and comparison etc. it formulate the nature, establishment, Characteristic, funds management, development of micro-credit companies, then affirmed the innovation of micro-credit companies, analyzing the theoretical fundament by the angle of financial innovation and sustainable development. Proceed to suggest the problem in the development of marketplace position, funds channel, management risk, competition fierce, inner government. As the example to the business of Zhejiang micro-credit companies, the article analyses the micro-credit companies'problems and operation. Finally put forward suggestion for sustainable development from self-build and support policy.