The Study On The Rural Folk Credit Of Dalian City

With the development of modern agriculture and the growth of new agricultural managers.agricultural land circulates on a large scale,extensive agricultural capital needs emerge.Meanwhile,the development of economy and urbanization make farmers’income increase,the production and living cost increase too,farmers’financial needs become more diverse.However,the lag of rural financial system and the slow development of rural financial institutions make it difficult to meet farmers’extensive financial needs.So,Rural folk debit begin to prosper.However,its weakness cause many problems,for example.exorbitant usury,debt-credit dispute,and so on.Therefore,in 2007,the government launched the new access mechanism of rural financial institutions.Grasping this opportunity,New financial institutions(rural banks,small loan companies and rural credit union)begin to blossom in the pilot provinces and cities.And traditional rural financial institutions also begin to reform.Though it helps to solve farmers’financial problems,because of the inherent shortcoming,formal financial institutions cannot fully meet the needs of farmers funds alone, there always exists the value and reasons of private lending.So,Dalian city is the research object because of its fast develop speed of new financial institutions and popular Rural folk debit phenomenon.By sent survey questionnaires as the way to obtain data,the paper analyse the situation of Rural folk debit,the characteristic of Rural folk debit among different net income of rural household level,and factors influencing farmer’rural folk debit behavior,then reach the following conclusions:First,in past three years,ruralcapital needs and lending operation by different channel increasedtotality.Though formal financial institutions are still the largest capital source channels,Money farmer lending from Rural folk increased totality, and its ratio reached 40% in 2014. So it plays an increasingly important role in rural financial system.Second,totality,mainsources of farmers’folk borrowing are agriculture,working out and commerce.Its number focus on 10000-20000 ￥.Its interest rate stabilizes between 0-1.5 cent per month.The money mainly uses in daily life,relative and friends are bondsmen.The main way of borrowing is verbal contract,the degree of formalization needs to improve.The main mode of repayment is repaid in time,sources of repayment are same as income,but farmers’instability of income make the truth fact bad.Third,the different characteristics of Rural folk debit among different income levels are:with the net income develop.the ratio of rural folk debit behavior lower,sources of borrowing become diversification,and money used in agriculture reduce.The same characteristics of Rural folk debit among different income levels are,interest rate stabilizes between 0-1.5 cent per month,relative and friends are bondsmen,and the main mode of repayment is repaid in time.Fourth,the age and degree of education of the head of household,householders’type.the ratio of agriculture income,net income of rural household,the complexity of obtain money from financial institutions and farmers’satisfaction degree to financial institutions are the remarkable factors of farmers’rural folk debit behavior. The age of the head of household, net income of rural household,the complexity of obtain money from financial institutions,farmers’satisfaction degree to financial institutions and farmers’rural folk debit behavior are correlated in a negative fashion.The relationship between degree of education of the head of household,householders’type,the ratio of agriculture income and farmers’rural folk debit behavior is positive.So,to rural folk debit, we should not suppress and prevent blindly,but explore the way and possibility to make it normalization,rationalizing,even legalization actively.Now, the new access mechanism of rural financial institutions have been carried out ten years,researching the situation,characteristics and development of Rural folk debit and make it maintain a good relationgship with financial institutions have important significance to solve farmers’financing problems,deepen rural financial reform and perfect rural financial system.