A Study On The Perfecting The Law System Of Microcredit In Rural Area Of China

In the past thirty years, it has made remarkable achievements of reducing povertypopulation in China. However, However, China’s population after all base is bigger, most ofthe poor, especially the rural poor, has long been the traditional banking financial institutionsleft out, how to effectively solve this part of the group faced financing difficulties, so that thetrue self out of poverty is the ability to have in our country in the development of the cause ofpoverty must be crack major subject, and rural microcredit it is in the development of thecause of poverty in the process of forming and gradually put into practice. In view of China’srural poverty alleviation pilot project microfinance organizations in exploring effectivelyimprove relief credit funds aim of sex, recovery and sustainability of the process of theachievements, the government began to bring the rural microcredit as a valid credit povertyalleviation of support tools, and relieve rural poverty group on financing has made significantresults. But important, rural microcredit also serious test, the legal protection is not perfectrestrict the rural microcredit further development, such as financial regulatory issues, accessproblems, credit mechanism from the lack of a series of problems must be solved. To this, theauthor in comprehensive rural microcredit comb exist in the development of many of the legalbasis, through the foreign microfinance institutions of the legal development experience, withChina’s economic development situation, proposed the perfect rural microfinance legaladvice.The first part of this paper typical cases out of China’s rural microcredit and itsbackground, definition, operating mechanism are summarized.The second part introduces the development of the legal system including the officialpolicy present situation and some of the laws and regulations in our country, and summing upthese advanced experience for the development of China’s microcredit to for reference.The third part mainly introduces the foreign typical rural microcredit of development,and the related legal protection system has carried on analysis, this paper summarizes thesecountries about the development of rural microcredit legal experience for our country’s systemconstruction is an inspiration.The fourth part focuses on perfect our country’s rural microfinance legal advice. From access, supervision, and market operation, and exit and risk share for a full explanation, toconstruct the perfect rural microcredit legal system.