Research On Legal Problems Of Rural Microfinance

Microfinance is an unusual and innovative financial system,which not only draws on rigorous formal financial system,but also draw on a flexible non-formal financial system,both development and growth in integrated basis.Microfinance as a positive and effective tool for poverty alleviation,has been favored by more and more countries in the world,and has been promoted and emulated worldwide.In recent years,our government more and more attention the development of microfinance,commercial banks,rural credit cooperatives and non-governmental organizations are the main business of rural microfinance institutions.Microfinance China’s financial system innovation,service "three rural" building a harmonious society,the role of our country in doubt,governments,central banks attention and support efforts also beyond doubt.However,the presence of the current development of China’s rural microfinance many problems,such as the legal system is not perfect,the legal subject status is not clear,narrow channels of funding sources,regulatory confusion,design unreasonable interest rates,leading to the development of rural microfinance services is very slow,can not meet the rapid economic growth in China’s rural financial needs.Therefore,it is necessary for the current situation of microfinance,on the basis of drawing on the successful experience of foreign,have proposed the creation of a number of recommendations to improve the legal system construction of China’s rural micro-credit,the elimination of the microfinance development legal difficulties,promote the healthy and rapid development of China’s rural micro-credit for the construction of a new socialist countryside,improving their living standards and contribute.