A Study On The Micro Credit Insurance In Taizhou

Micro credit in rural area has been in development for a long time.And microfinance has basically meet the needs of rural economic situation. This is because it has mature experience and risk prevention mechanism. With the development of market reform, the new micro credit insurance services for the small and micro enterprises and rural entrepreneurs arises. Micro credit insurance was originally started in Ningbo and Chongqing area. The introduction of micro credit insurance can effectively solve the the problem of financing, so more and more regions began to pay attention to micro credit insurance.Firstly, this paper selects Taizhou area as the research object. In this paper, the development of micro credit insurance market in Taizhou area is analysed deeply through field visits, questionnaires and empirical approach. The result shows that the implementation of micro credit insurance in Taizhou area is necessary and feasible.Secondly, through the summary of the related cases, the author designed a set of complete solutions for implementing the micro credit insurance. It made a detailed explanation of the business process.Finally, the author introduces the shortcomings of the scheme. Banks and insurance companies must strengthen their internal management system. At the same time, a good financial environment is indispensable as well.