Research On The Farmers’ Professional Cooperatives Financing Difficulties In Sichuan

With the development of market economy,farmers’cooperatives gradually become an important form of organization,which further enrich and improve the rural two-tier management system that combines unification and division.Its appearance greatly enhances the position of farmers in market competition and the negotiation efficiency and to some extent also reduces the risk of farmers to participate in market competition.These advantages are significantly reflected in the farmer cooperatives of Sichuan Province in recent years, which have been growing very fast in amount. However, along with the increasing cooperatives as well as the continuous improvement of the degree of specialization,a series of problems emerge in the developing process,including of the small scope of cooperatives, low driving power, lack of funds, and difficulty in financing,with the last two being the most common and severe problems, which has constrained and influenced the growth of farmers’ professional cooperatives and further affected the farmers’income and the development of agriculture.Insufficient financial support to the development of farmer cooperatives will not yield good effect. Therefore this paper studies the financing problem of the farmer cooperatives basing on the theories of farmer cooperatives and its financing combined with the actual situation of Sichuan Province through field interviews, then analyzes the factors constraining the financing of Sichuan farmer cooperatives,and finally proposes some advice to solve those problems, which will be of great significance to promote the development of farmer cooperatives in Sichuan Province and even the whole country.This paper is divided into six parts, and the main contents are summarized as follows:The first part is a general introduction to the background, the significance of the topic, the research methods, the innovations and deficiencies in this paper. It also summarizes and comments on the academic achievements at home and abroad of farmer cooperatives.The second part introduces the related concepts and theories about farmer cooperatives financing. This section focuses on the concept of farmer cooperatives and its financing, introducing theories, characteristic and several models of necessity for farmer cooperatives financing.The third part briefly introduces the status of Sichuan farmer cooperatives financing and analyzes the factors constraining farmer cooperatives financing. This section firstly introduces the condition of the development and financing of farmer cooperatives in Sichuan, then analyzes the factors causing difficulties in financing, finally analyzes through two actual cooperatives, which are Renshou County gantry pig farming cooperative and Chongzhou Jinjiang Township Land Shares Cooperative. Surveys and visits are made to understand their development, capital requirements and financing conditions.This paper proposes that Sichuan farmer cooperatives are facing difficulties in financing and analyzes the difficulties.The fourth part introduces the successful financing experience of farmer cooperatives and its enlightenment.This section introduces the successful financing experience of agricultural cooperatives in the United States and Spain with a view to throw light on Sichuan farmer cooperatives financing.The fifth part puts forward some proposals to deal with Sichuan farmers’ professional cooperatives financing problem. This section tries to explore ideas and proposals to crack Sichuan farmer cooperatives financing difficulties based on successful financing experience of foreign farmers’ professional cooperatives combined with the actual condition of farmer cooperatives of Sichuan province. The idea is to solve the financing problem by endogenous financing and external financing analysis,so as to provide solutions to Sichuan farmers’ professional cooperatives financing problem and further contribute to the development of rural areas in Sichuan and in the whole country. Part six involves the conclusion and some problems that need to be further studied.