Small Forest Property Mortgage Loan Risk Research

Since 2003, reform of collective forest property system carried out, forest property mortgage loan as its supporting measure, gradually developed. Forest property mortgage loan is a special kind of mortgage loan, farmers based on clear forest rights approved by the competent department of forestry, to get loans from the bank and other financial institutions. Forest property mortgage loan on the one hand, promotes the continuous deepening of the reform of forest property system, alleviates the bottleneck of the forestry economy development, solves the problem of the financing difficulties of forestry, and promotes the benign development of the forestry economy. On the other hand, implements the financial product innovation, broadens the scope of the mortgaged property, and improves financial institutions to set up risk mechanism. However, during the implementation process, the policy deviates from the original: forest property mortgage loan has the tendency to rich farmers and forestry enterprises, the enthusiasm of general requirements of small forest property mortgage loan is not high. But carrying out the small forest property mortgage loan plays an important role in maintaining financial stability in rural areas, actively expanding domestic demand, and promoting the construction of new socialist countryside. So study the risk factors of small forest property mortgage loan has important practical significance to really solve the problem of agriculture, rural areas and farmers.This article researches 198 small forest property mortgage loan and 150 large forest property mortgage loan on the base of 16 counties in Fujian province Shaowu city. Firstly, using the description statistics and empirical analysis method, according to the results of field investigation, this article describes the differences between small and large forest property mortgage loan on forest property mortgage loan object, evaluation value, the loan term and loan amount; secondly, based on the comparative analysis and model analysis,concludes influencing factors of forest property mortgage loan amount are age, family labor force, forest land area and forest age; finally, analyzes effective risk control measures to promote small forest property mortgage loan from three perspectives: the objective factors, the mortgagor and the mortgagee.The innovation of this study lies in:(1) analyze the risk and the corresponding counter measures of forest property mortgage loan from three perspectives: the objective factors, the mortgagor and the mortgagee;(2) analyze the different influencing factors between small and large forest property mortgage loan based on the empirical analysis of Fujian province Shaowu city;(3) based on the above analysis to further explore the influencing factors of small forest property mortgage loan amount, in order to have more comprehensive understanding of small forest property mortgage loan risk, and accurately find risk countermeasures.