Research On Credit Evaluation Index System Of Peasant Household From Rural Credit Cooperative

Credit is the foundation of finance. Since pilot run of Enterprise Credit System started in Shanghai, Tianjin, Zhejiang, and Fujian in December 2015, credit environment construction began to develop rapidly. As a key part in social credit construction, rural credit environment construction shall proceed from the basic unit ?peasant household, making them direct beneficiaries and practitioners of credit construction. It is generally acknowledged that peasant households are difficult to take out a loan due to lack of mortgage guarantee. In recent years, financial institutions like rural credit union have promoted actively the peasant's small credit and group joint credit, replacing mortgage and guarantee with credit, that have relieved loan problems for peasants. However, the new crux lies in how to evaluate peasants' credit in a scientific method. All rural financial institutions,especially rural credit union,have set up peasant credit evaluation system respectively to develop peasants' credit evaluation repeatedly. The system is not simply a waste of financial resources, its scientificity and maneuverability also remain to be considered. Therefore,it is a significant task to construct scientific and convenient peasant credit evaluation system utilizing existing peasant loan materials.The paper conducts research on various credit theories, learns from predecessors'research production, investigates peasants' economic living conditions in Changshan County, extracts and designs peasant credit evaluation index in accordance with county region rural credit union reality, calculates index weight by adopting analytic hierarchy process, allots index assignment, and reaches rural credit union peasant credit evaluation grading sheets. The credit ratings are divided into five levels through sample demonstration, and practical operators can evaluate peasant credit rapidly based on filing materials.