Study On Credit Constraints Of Farmers

At present, the rural formal financial institutions include agricultural bank, agriculture development bank, rural credit cooperatives, postal savings bank, and the coverage of rural credit cooperatives in which several institutions in the most widely. With the development of society, even the relatively underdeveloped rural areas, farmers in agricultural production, or life are the demand for capital will have more and more strong. However, farmers own demand amount is small, the risk is big, and it cannot meet the requirements of formal financial institutions to guard against the risk, the credit constraint. Some scholars through empirical analysis, the results show that China’s household loans, only30%from the rural formal financial institutions, nearly70%of the loans from private financial organizations are non regular, the farmers to obtain loans from formal financial institutions constraints. Therefore, to promote the sustained and healthy development of China’s rural economy, should continue to alleviate credit constraints of farmers, to meet the credit needs of farmers growing. This article attempts through the rural credit cooperatives in Hunan Province, the relevant data, conducts the research to the farmers’ credit constraints, in order to arouse more attention to the credit constraint, and seek effective ways to solve the farmer credit constraint. This article is divided into five chapters,The first chapter is the introduction, mainly elaborated the background and significance of the article, the research status at home and abroad and the structure of this paper review, research ideas and research methods, the innovations and the account.The second chapter is the theoretical analysis of the reality basis, alleviate the farmers’ credit constraint, defines the basic concept of rural formal finance and informal finance, farmers, credit, credit constraints, setting up a simple model, so as to describe the credit constraints, the theoretical research provides support for the corresponding theoretical analysis the following empirical.The third chapter is the quantitative analysis, on the basis of theoretical analysis, obtained from the Hunan provincial rural credit cooperatives data, make an empirical analysis on the farmer credit constraint. The fourth chapter is the factors affecting farmers’ credit constraint, from two aspects of farmer credit demand and credit supply to analysis the influencing factors.The fifth chapter is the conclusion and the policy suggestion of the article, through empirical analysis and normative constraints on the farmers’ credit, put forward to alleviate the relevant policy recommendations to farmers’ credit constraint.