Analysis On The Influence Factors Of The Credit Risk Of HM Small Loan Company

Microfinance first appeared abroad,it began to appear in developing countries in the 70 s of last century.It was not until 1993 that microfinance entered China,but the rapid development of these more than and 10 years.Private capital through commercial loans only small loan companies into microfinance market,greatly promoted the development of rural finance and Small and medium-sized enterprises.With the continuous expansion of loan size,the loan object has gradually diversified.The irregular marketing methods emerge in the vicious competition among different industries,the credit risk problem gradually revealed,how to effectively guard against micro credit risk has become a new topic.Firstly,this paper expounds the basic theory of credit risk of domestic and foreign small loan companies.Then,according to the HM credit risk factors,the questionnaire was designed to obtain data.Thirdly,based on the principal component analysis,the influencing factors of credit risk of HM small loan companies are studied.Finally,the paper puts forward some countermeasures and suggestions to strengthen the credit risk management of HM microfinance company.The main conclusions are as follows: firstly,there are HM small loan company loan risk prevention awareness,the business is not standardized,to the customer before the loan credit investigation work is not solid,the lack of customer credit rating system and loan management,staff shortage,lack of credit risk management problems of microfinance professional management talents.Secondly,using principal component analysis of data collected by the questionnaire,get 6principal component factors were secured financing factors,operation ability factor,customer credit factors and macroeconomic factors,loan feature factor,operational risk factor.Thirdly,put forward to strengthen HM microfinance company credit risk management countermeasures and suggestions: to broaden the sources of funds,establish and perfect the mechanism of risk transfer,accelerate the construction of customer credit rating system,strengthen government support and external supervision,adhere to the "micro" and "decentralized" principle of development of business,strengthen the internal risk management control.According to the principal component analysis of the main effects of the credit risk of HM small loan companies to get 6 principal component factors,put forward countermeasures and suggestions to strengthen the HM small loan companies,credit risk management,this research not only give the business and risk management to provide the reference HM of the small loan companies,and to promote sustainable development the microfinance industry.