A Research Of Factors Affecting Of The Farmers’ Willingness To Participate In Biological Assets Mortgage Financing

Farmers’ biological assets mortgage financing is a new way of mortgage financing,introducing biological assets into the scope of farmers’ mortgage financing, can solve thefarmers’ financing problem. This paper mainly selected in Meixian and Yangling as arepresentative region of Shaanxi province for data collection, use empirical method to studyof factors affecting of the farmers’ willingness to participate in biological assets mortgagefinancing.This paper mainly includes six parts. The first part is the introduction. Mainly introducesbackground, purpose, dynamic at domestic and abroad, the research content, the technicalroute and the innovation of the article may be of the paper. The second part of the article istheoretical basis.it is including biological assets, mortgage theory and the theory of farmershousehold behavior, which will lay a theoretical foundation for the study of farmers biologicalassets mortgage finance. The third part is operating mode and existing problems of farmers’biological assets mortgage finance. The fourth part is about sample selection, variableselection and descriptive analysis of data. It is based on the field survey data, includes thesample situation, and factors affecting of farmers’ willingness of biological assets mortgagefinancing. The fifth part use empirical method to study of factors affecting of thefarmers’willingness to participate in biological assets mortgage financing. Using Logisticmodel to find the main factors influencing the farmers’ mortgage financing willingness, andthen through the ISM model analysis the main factors’ hierarchy. The sixth part is conclusionand suggestion. Through the analysis of above we come to the conclusion. According tocurrent situation of farmers’ biological assets mortgage financing and affecting factors, we putforward countermeasures and suggestions to promote the development of biological assetsmortgage financing.The main conclusions,(1) Farmers biological assets mortgage finance exists someproblems, like incomplete state policies and laws, financial institutions lack of innovationability, the farmers lack of professional knowledge and skills, the related service systemimperfect.(2)Farmers have high willingness in biological assets mortgage financing.Afterhave knowledge of policy, famers of67.35%willing to participate in mortgage finance. The farmers of64.21%believe that it is a meaningful policy.(3) We found that age,familylabor,loan experience, cultivated land,value of biological assets,collateral sales,mortgagepolicy cognitive,mortgage rates,mortgage financing meaning had effect on farmers’willingness.(4) The nine factors are hierarchical.Cultivated land is the bottom factors;farmers’ age,family labor,value of biological assets are secondary factors; loan experience,biological assets collateral sales,mortgage rates are middle tier influencing factors; mortgagepolicy cognitive,mortgage financing meaning are surface influence factors.In order to promote the biological assets mortgage financing development andpopularization of further, this paper puts forward the following suggestions.(1) Make thepolicy and law so perfect that biological assets mortgage financing have a legal basis.(2)Encourage financial institutions to bold innovation and improve the response capacity.(3) Tostrengthen the construction of social service system and promote the development ofbiological assets mortgage financing.(4) Promote moderate scale management of agriculturalland and develop new production and business operation entity.(5) Propaganda and educationto promote the rural financial market information symmetry.