Research On Operational Risk Control Of Microfinance Companies

In recent years,small and medium enterprises,vulnerable groups and agriculture related industries face a common problem financing the national economic development needs to solve problems.Folk microfinance company is a new type of financial institutions in recent years,it is a commercial and social sustainable development goals with double values of social industry.This new microfinance mode caused the countries of the world,especially in developing countries,especially in the financial world attention,which has inspired a number of developing countries,developed countries even practice and innovation.But in recent years,the national economic structure adjustment and reform,increase the proportion of state-owned Banks,the folk financing has become increasingly active,because of the lack of reasonable guidance,underground Banks,usury,illegal financial activities such as raising funds illegally,due to the concealment of the underground financing,risk aggregation,financial regulation is difficult,a little inadvertent,easy cause social risks.Small loan company is a country in order to support rural financial markets and relieve the micro enterprises financing difficulties and promote the building of financial institutions.As a financial "blood capillary,small loan companies to face all kinds of micro economic subject to financing problems of blood money,at the same time in expanding employment,standardize and guide the folk capital into the financial market,narrowing the gap between rich and poor between urban and rural areas,promote the sustainable development of economic and social aspects has played a positive role.This paper summarizes the sort of small loan companies at home and abroad literature,small loan companies proposed research methods and ideas.Secondly,detailing the recent private microfinance company's business model and operating conditions,put forward the existing problems and risks faced.With case studies of representative field research A small loan companies,in respect of the company's business model is analyzed.A detailed analysis from the aspects of microfinance business processes,loan demand and supply situation and business model innovation,etc.show that the company is a good development of small loan companies,operating in the process are unique,but also facing each kind of business risks,including the borrower's credit risk,operational risk and internal employees capital liquidity risk.These risks are also present small loan companies generally facing development bottlenecks.In this paper,starting from this understanding,the actual risk is discussed in detail in the presence of small loan companies operating in the process,and made specific recommendations and risk prevention measures,including open financing channels,improve employee risk awareness,enhance product innovation.