Study On Sustainable Development Of Small Loan Companies In Hebei Province

At present,the institutions engaged in microfinance in China mainly include commercial Banks,rural credit cooperatives,postal savings Banks and small loan companies.Small loan company offers a wide range of financial support for the development of individual businessmen,small business owners and farmers,also provides a very convenient conditions for the local economic development.However,there are many problems restricting its sustainable development in the process of the development of small loan companies,the macro factors such as unknown location," credit-only ",limited funding sources;the micro aspect such as unreasonable interest rates,lack of innovation in loan products,unperfect credit system,etc.The existence of these problems not only hindered the expansion of microfinance companies and the increase in profitability,but also inhibited the normal production and business activities of small fund demanders,which was not conducive to the rapid,stable and sustainable development of society and economy.Therefore,the key issues need to be solved urgently is that how the microfinance companies can achieve sustainable development without deviating from their own positioning,so that it will continue to provide financial services for the vast rural areas and medium-sized enterprises to meet their financing needs.This paper takes the microfinance company of Hebei Province as the research object and explores the sustainable development of the microfinance company in Hebei Province.The main contents are as follows:The first part introduces the research background,the literature review both at home and abroad,the main content,the research method,the innovation point and the shortcomings.The second part is the relevant theoretical basis.First,it introduces the concept of microcredit and microfinance;Second,analyze of the meaning of sustainable development,including the sustainable development of financial sustainable development and microfinance companies.The third part is the development of microfinance abroad.It mainly studies the development status of Peruvian small loan bank,Cusco city savings and loan company,Faye bank and sunshine bank,and analyzes their successful experience and what we can learnfrom.The fourth part is the development of microfinance companies in Hebei Province,which is the focus of the article analysis.Firstly,introduce the development history of microfinance companies in Hebei Province.Secondly,analyze the basic situation of microfinance companies in Hebei Province from four aspects: the number of institutions,paid-up capital,loan balance and number of employees.The fifth part is the main problem of the small loan company in Hebei province.Through the analysis of the status quo of microfinance companies in Hebei Province,the author puts forward the main problems faced by the traditional small loan companies: the heavy tax burden,the fierce competition in the industry,the limited follow-up funds,unknown location,the lack of credit systems,the lack of product innovation;Second,propose what problems new forms of small loan companies facing,such as "campus loan" illegal operations,limit order limit business development.This paper summarizes the main problems existing in the sustainable development of microfinance companies in Hebei Province.The sixth part is the countermeasures and suggestions to promote the sustainable development of small loan companies in Hebei Province.From the different levels to develop feasibility measures,such as increasing policy support,looking for multi-channel financing,the introduction of the Internet business model,the introduction of large data to strengthen the credit system,which have important reference significance to further promote the sustainable development of micro-credit companies in Hebei Province.