Design And Implementation Of Rural Microfinance Credit Risk Control System

Among the financial institutions in rural areas, the targeted borrowers and thecredit risk of the rural credit cooperatives are different from those of othercommercial banks, which mainly serving for the rural market. In terms of helping thefamers to receive loans, the rural credit cooperatives appear particularly important,and become the mainstream of microfinance in China, which representing the generalcharacteristics of China’s micro-credit system. Nowadays, how to effectively controlthe credit risk has become the primary task of the rural financial institutions.The credit risk control system is a part of business management and informationmanagement system, which is customer-centric and based on managing loan businessfor microfinance risk control. It has six functions, such as customer management,business management, interest management, staff management, risk analysis andcontrol, as well as inquiry statistics, and it is implemented by using the MVC designpattern, Java Web framework, OLAP technology, DIV+CSS technology and Jquerytechnology. In the credit risk control system, the customers’ information is establishedand can be shared on the networking platform, including customers’ basic information,credit status, family information and other detailed information. Therefore, the creditrisk can be controlled and managed by analyzing customers’ credit behavior andintellectual grading and so on.,The implementation of credit risk control system provides a safe environment forthe loan, and makes the loan service more convenient and efficient. In a certain extent,the credit risk control system fills the gap of rural finance, and enriches the content ofcredit institution, as well as plays an important role in the allocation of rural financialresources.