The Research Of Microfinance Company Development In China

Our government has paid more and more attention to the role of poverty of microfinance with its vigorously development in the word. In the central first files of 2004.2005 and 2006 the successive three years, the government has raise "make the necessity of the country and the needs of the masses our starting point, by being benefit to increase the loans of farms and cooperators and being benefit to improve financial services in rural areas, accelerate reforming and creating of the financial system in rural areas","Encourage setting community financial institution with diversified forms of ownership, private and foreign capital and so on are permitted to hold stocks. Cultivate the microfinance organizations generated by natural man, businesses or public accountants, the departments concerned should quickly formulate the management method. Guide the organizations of farmer development mutual fund, standardized the traditional private lending". The microfinance cooperators are the result of reforming and creating of our financial systems, they are also the result of the needs of the fundamental realities of our country. The appearance of the microfinance cooperators provided more financial service and development chance for the development of our small and medium business and agriculture, rural areas and farmers. With the setting up of the microfinance cooperators in areas of our country, they solved the financing difficulties and loan difficulties for the medium, small cooperators and rural areas to a certain degree.The microfinance cooperators in Dalian has made experiments since the second half year of 2008, with the support and active participant of the society people from all walks of life, they all go forward well, moreover, they grow vigorously in the amplitude market and have obtained marked effect. The development of the microfinance cooperators in Dalian takes the lead in our country both in the loan summation and the number of the microfinance cooperators, however, there is also many restricting factors for its sustainable development. There exist the following problems for the development of the microfinance cooperators:Firstly, lack of the supervision law and subject of supervision of the microfinance cooperators; Secondly, lack of policy and systems support from the government for the microfinance cooperators; Thirdly, for the microfinance cooperators, the fund resources are limited and the financing channel is narrow; Fourthly, lowness of quality of personnel, backward in technique and weak ability to innovate; Fifthly, the assets as security are mostly real estate, the range is narrow; Sixth, the risk control is weak and lack of efficient risk management system.To find and then solve the problems are of realistic importance to the sustainable development and playing effective roles for the microfinance cooperators in Dalian even in our country. This paper propose five suggestions for the sustainable development of our microfinance cooperators, we draw lessons from the successive two overseas business model, that is, Welfare of the micro-credit model and Institutionalism of micro-credit model. Include:firstly, improve surroundings of the microfinance cooperators, clarify the legal status and subjects of supervision; Secondly, increase the government support intensity, Prevent the microfinance cooperators turning into the usurious loan organizations; Thirdly, broad the financing channel and improve the financing ratio of the microfinance cooperators; Fourthly, raise the quality of the personnel; Fifthly, construct effective risk management system and improve the ability of risk control.We study the development problems of the microfinance cooperators, and raise some relative suggestions which provide something referential value for the sustainable development of the microfinance cooperators and also has some theoretical and practical importance.