Research On Development Of Z Micro-Credit Company

Finance is the blood of economy in modern society and the completion of financial system directly determines the quality as well as efficiency of economy society. In the recent years, difficult loan and expensive loan obsess private enterprises especially for small and micro business. How to support small and micro business through reformation and innovation of financial system becomes a significant theoretical and practical topic which needs to be solved.Since the carry-out of micro-finance company pilot in 2005, micro-finance company booms from less than 500 in 2008 to more than 4000 in 2012 with the total employees of 50 thousand. The quick development of micro-finance company plays important role in solving the difficult loan problem for small and micro business. However, during the practical development, many troubles exist such as lack of legal support, wrong recognition of small and micro business as well as loopholes in business management in this given field, etc. How to scientifically better the management of small and micro business is the core issue of financial reformation in the new era and the priority of governmental support.This thesis defines petty loan, micro-finance company based on literature review and analyze the current situation of micro-finance company in Tianjin by studying the general situation, target market, management ability, organizational structure, business process as well as existing problem. Through the analysis of management diagnosis in Z company, 3 main problems occur which is lack of standardization in business operation, incompletion of risk control system and defectiveness in credit management, etc. Combined with the working experience of the writer as well as the research on other micro-finance companies, several countermeasures have been put forward which are reinforcing the management system structure, completing the business credit control mode and paying high attention to the inner management control in order to perfect the overall management of Z company, resulting in sustainable development cultivation.