A Study On The Impact Of Farmers’ Participation In Inclusive Finance On Its Poverty Vulnerability

Qinba Mountain area as one of the Contiguous Poor Areas,with distinctive geographical characteristics,the region frequent natural disasters,fragile ecological environment,the high incidence of poverty.Poverty vulnerability as a dynamic and forward-looking indicator,can more accurately measure the living conditions of farmers,compared to poverty indicators better.The purpose of Inclusive Finance is to allow all sectors of society to enjoy relatively equal financial services,farmers are among the key service object,so the combination of Inclusive Finance and poverty vulnerability is of great significance.This paper first studies the constituent framework of poverty fragility and the internal mechanism of Inclusive Finance affecting vulnerability to poverty.Secondly,from the local actual situation,this paper analyzes the macro-micro-vulnerability characteristics and Inclusive Finance development in Qinba Mountain area.The paper uses the VEP model to measure the poverty vulnerability of farmers in Qinba Mountain area,and studies the impact of Inclusive Finance on the vulnerability.Finally,it puts forward the countermeasures to reduce the vulnerability and develop the poverty of Qinba Mountain Policy recommendations for the financial system.The study found that:(1)the factors that affect the vulnerability is mainly the impact of risk and the ability to deal with the impact of risk,Inclusive Finance impact through the impact of fanners to deal with the impact of risk and thus affect the vulnerability.(2)Qinba mountain macroeconomic performance is the natural,economic,population,cultural environment fragile,micro-fragile performance is suffering from serious risk.Qinba Mountain District Inclusive Finance on rural areas,farmers,the coverage is low,the number of financial institutions is small,monopolistic,poverty reduction effect is not significant,infrastructure construction is backward,the role of local government is missing.(3)The proportion of farmers with savings,micro-finance and commercial insurance in Qinba Mountain area was 48.55%,17.89%and 12.44%respectively,which indicated that the degree of participation of farmers in Inclusive Finance was insufficient.There are 18.72%of the farmers in the Qinba Mountain area in a non-poverty and fragile state.These farmers have great probability that they will fall into poverty in the next period.They are farmers who can not cover traditional poverty indicators and are farmers who need special protection.(4)Savings and commercial insurance have a significant negative impact on poverty vulnerability.Farmers ’participation in savings and commercial insurance will reduce their vulnerability to poverty,and farmers’ participation in savings and commercial insurance will reduce their vulnerability by 0.05,0.126,and micro-credit has a not significant positive impact on vulnerability.