Situation And Countermeasure Of Mutual Funds In Wangdu Hengye Mushroom Farmer Cooperative

Since China’s first rural cooperative financial institution—Baixin established, therural mutual funds have sprung up all over. After several years of development, carried outthat mutual funds is the effective way to alleviate poverty-stricken. Rural conduct mutualfunds as a new rural financial institution, has received nation’s concern and attention.According to World Bank estimates, China has nearly20percent of the population belongto low-income people, most of them are concentrated in the rural areas. Their plight facinglong-term production and business activities have long-term faced endogenous andexogenous insufficient financing available capital scarcity. To ease the inhibition offinancial supply in rural areas, ensure that the peasants have micro venture capital funds,mutual funds have emerged in rural areas. In solving the farmers loans, supporting ruraleconomic development, increasing farmers’ income has played an important role, widelywelcomed by farmers.In this article, guided by the cooperative economy and cooperative finance theory, onthe basis of a full investigation in Wangdu Hengye mushroom farmer cooperative of Hebei,analyze the current situation and the resulting social benefits, and identify the problems inthe development process: in the aspect of internal management, there is a lack ofsupervision board of supervisors, business single, low level management personnelmanagement issues; the external environment will be unclear legal status and externalregulation unsuitable; in terms of risk control, the moral risk is more outstanding than othertypes of risk, but the recognition of moral hazard from the qualitative level andmanagement, rely mainly on staff working experience, with strong subjectivity. Therefore,control moral risk has the vital significance. Aimed at the problems and put forward thecorresponding countermeasures, in order to achieve the purpose of promoting thesustainable development.The first part(chapter1,2) is theoretical overview, including the first and secondchapters. Introduces the background, purpose and significance of this article, to analyzerelated research at home and abroad; specific research ideas, methods and innovations ofthis article, and introduce relevant concepts and theoretical basis.The second part(chapter3) is carrying out the current situation of mutual funds inWangdu Hengye mushroom cooperatives. First introduces Wangdu Hengye mushroom farmers’ professional co-operatives and internal operation mode of mutual funds, and carryout the present conditions of mutual funds.The third part(chapter4) is using " the framework of the extended scale " to evaluateits social benefits separately from the customer value, customer cost and net income, thedepth and breadth and quality of service. The top three aspects mainly use the method ofqualitative evaluation, and The service quality satisfaction mainly use Logistic model ofsurvey data analysis.The fourth part(chapter5,6) first of all, elaborates the problems according to theresearch situation of Wangdu Hengye mushroom farmers’ professional co-operatives, andput forward effective countermeasures for its good development.