| Since the People’s Bank of China began to implement the pilot of the small loan companies in five provinces in2005, small loan companies in China has developed rapidly and they are playing an active role in solving the problem of the shortage of funds for agriculture and small enterprises. However, there are also many issues that hinder the sustainable development of small loan companies. Liaocheng City, Shandong Province, as a typical small and medium-sized citiy, its development of agriculture and small enterprises are facing a funding ’bottleneck’. Since2008, when the pilot of small loan companies launched, to the end of2011,12small loan companies have been set up and10of them have been officially opened.This article chooses the10small loan companies established before the end of2011in Liaocheng to carry on the research. Based on the research result, combined with the theoretical and the DEA data analysis methods, we can explore the actual development status and the internal and external factors restricting the development of Liaocheng small loan companies. Then, by learning the experience of Wenzhou financial reform and the Grameen Bank model of development, we can get the suggestions for solving the problems to achieve the sustainable development of small loan companies. |
