Research Of Rural Micro Credit Insurance In Yunnan Province

Microfinance is a small scale financial measure which serves the urban low income people. Microfinance through financial services provides access to self-employment and development opportunities for poor farmers and micro enterprises, promote the self-survival and development. The innovation of microfinance is a kind of financial services, but also an important way of helping the poor. Microfinance insurance is a special kind of term life insurance providing by the insurance company provides small loans to farmers in bank, which includes accidental injury, disease and death liability. As a new rural financial category, microfinance insurance is not only a typical trend of "bank insurance, insurance bank", but also a symbol like beachhead where the insurance company enters the rural insurance market. At present, microfinance insurance is developing from rural areas to the cities. The course of our country’s reform takes place in rural areas first, and also gets breakthrough there. Then the reform and opening up promote rural areas to change a lot. Nowadays, the development of our country’s economy is just in the transition period, the success or failure of the reform will decide the development of rural economy, and the core problem of rural development depends on coordination of production efficiency and fair allocation. Microfinance can achieve both of the two purposes. Development of rural microfinance insurance is one of the most important measures to break through the bottleneck of microfinance.In the broad Yunnan rural financial market, microfinance is a new kind of financial service. Its appearance helps the banks to avoid loan risks, but also played a very important role as the protection for farmers engaged in agricultural production.This article doing investigation and research in categories, characteristics, operation modes and existing problems of the microfinance insurance in Yunnan, by the way of data statistic and analysis combined with the typical investigation and sampling phase, aims at putting forward valuable countermeasures and suggestions.