Research On Problems And Countermeasures Of The Business Development Of Quanzhou A Petty Loan Company

Microfinance company as a m odel of the latest innovation of microfinance in China,was started in the s econd half of 2005,i n which is dominated by the people's bank of China,respectively in shanxi,shaanxi,sichuan,guizhou,Inner Mongolia five petty loan com pany pilot provinces.As policy,petty loan com panies shows a tendency of rapid growth in the country,has made outstanding achievements.But at the same time,the rapid development of petty loan companies are also faced with many problems for the sustainable devel opment of its own.Find out the problem s existing in the thorough analysis,and then find the solution.To solve the problems in the operation of petty loan com panies,is the im portant driving force for the sustainable development of petty loan company health.In this paper,Quanzhou A petty loan company's overall conduct research,in-depth analysis Quanzhou A petty lo an companies present in the business development issues,including: higher cost of capital,product categories single and each business amount is large,risk control management capacity is lo w,the lack of business professionals,the ability to cope with the impact of internet financial is not strong.And propose feasible counterm easures business developm ent,so as to promote Quanzhou A petty loan company sustained,healthy development,which is to promote sustainable developm ent in Quanzhou other m icrofinance companies has important practical significance.Sugges tions of Quanzhou A petty loan business development proposals include: by expanding fi nancing channels to reduce the cost of capital,enhance produc t innovation,improve risk control m anagement capacity,strengthen the construction personnel,strengthen cooperation with internet financial enterprises.