Analysing Capital Raising Intentions Of Farmers:Based On Field Study In Jilin Province

Company A is mainly in charge of the agricultural insurance. It studies thepresent situation of the rural financial system in Jilin Province in order to solve thedelay of mastering the farmers’ loan demand information,lacking follow-upinformation of after-sale and advancing to survey the rural credit loan insuranceproduct and so on.The integrated financial system has been built up gradually in JilinProvince,which is mainly based on rural cooperative financial organization.And thepolicy finance,the commercial finance and the new financial organization aresecondary forms,and the informal finance is complementary.The system is only inorder to deal with the rural economic developmemt urgently need to makequantitative growth and the change of form.There are problems that not allow toignore in the system and the structure of the system.In this rural financial market circumstances, there are many factors to affect thefinancing intention farmers With a vast amount of questionnaires allocated to340farmer household in40counties of Jilin province, and the questionnaire and answerssettings is fully refer to influence farmers’ financing intention factors in the previousresearch literature, but also further combined with the development of regionalfinancial loan in Jilin province. To select empirical research variables comprehensiveconsidering the current farmers finance decision of transaction cost, symmetry ofinformation, transaction opportunity. This paper adopts the stratified samplingmethods and the field survey of the theoretical analysis questionnaire sampledistribution and peasants financing situation to understand farmer credit demand characteristic of different economic development stage in the eight cities, and thenestablishes discrete selection model and ordinary least-squares regression estimationmodel to analyse the farmers’ financing intention.The study shows that more than80%farmers’ loans are used into agriculturalproduction. The return possibility of loans used into agricultural production is higherthan the ones with other intention. Interest level has obvious negative correlationswith repayment intention and unexpected outlay of farmers. Sum loan, income leveland education level have noticeable effect on loan repayment period intention. Thisstudy suggests that company A builds up cooperative relations with rural credit salesteam; identifies households with default features and increase rate adjustment factor;builds up bank-famer-insurer risk sharing system; decreases the effect of interest levelon rural driblet credit insurance operations.