The Research On The Effects Of Microfinance Supporting "Targeted Poverty Alleviation" In Nanling County

Poverty alleviation and development work has a bearing on the well-being of the masses and the well-off society in an all-round way.In the report to the 19 th CPC National Congress,we even put forward even higher demands on poverty alleviation and development work.Rural finance is the most effective way to reduce poverty by precision.In particular,microfinance targeting at farmers is playing a huge role in poverty reduction in rural areas.With the development of microfinance in our country after the 1980s,with the convening of the Third Plenary Session of the 11th Central Committee of the Communist Party of China,the land contract reform was carried out in rural areas.Some farmers saw the hope of getting rich and getting rich,and the demand for small loans was also increasing.Since the financial institutions carried out the microfinance business,the domestic scholars have also gradually increased the business of the microfinance.At present,the research on the microfinance has become one of the directions of rural finance research.Since the 18th CPC National Congress,the CPC Central Committee has proposed that a well-to-do society should be built by 2020 and all efforts must be made to lay a solid foundation for the fight against poverty.In the implementation of precision poverty alleviation,financial poverty alleviation,especially microfinance,plays an important role in precision poverty alleviation.Poverty alleviation is one of the important means of financial precision poverty alleviation and also a major innovation in the financial services industry.Poverty alleviation and development not only opened up new channels for alleviating poverty in the market economy,but also had a huge impact on the reconstruction of rural financial development.Financial markets,improve the rural financial system is of great significance.Lack of funding is at the core of poverty.On the one hand,the sleepy population lacks assets in itself.Due to the lack of assets,it is also easy to bring the corresponding risks in carrying out agricultural production.This is the traditional development of poverty.Excluding the development pattern of financial institutions,even though poor peasants have more production skills,there is no certain amount of development funding.Moreover,it is difficult for the strong will to get out of poverty out of poverty.The emergence of poverty alleviation microfinance has greatly reduced poverty.The difficulty and amount of peasants' "loan difficulties" and "loan loans"have been correspondingly alleviated.At present,there are such problems as the contradiction between supply and demand,the small product variety,the single service mode,the irrational structure and the lack of enthusiasm of banks and financial institutions to launch the new small-scale agriculture-backed loan.There are still some problems in the mechanism system that are hard to adapt to the current"three rural" development.In recent years,various state departments have introduced various kinds of incentive measures.The People's Bank of China and the regulatory authorities have also continuously released policy documents or guidance documents on increasing the launch of new-type small-scale agricultural loans and vigorously guided financial institutions to make more Credit funds to invest in the area of micro-agriculture.In addition,NanLing County belongs to the poverty-stricken counties in Anhui Province,with a large number of poor people.Therefore,in-depth analysis of the current development of microfinance business in NanLing County is of great significance in promoting precise poverty alleviation,developing production and raising farmers' incomes,and ultimately realizing an overall well-to-do society?Has important practical significance.Microfinance in financial institutions has played a positive role in helping financial poverty alleviation in NanLing County.In practice,the microfinance institutions have mainly taken the role of innovating and accurately targeting financial products,innovating the mode of financial poverty alleviation,and strengthening the project financing docking in poor villages.As of the end of December 2017,all financial institutions in NanLing conducted loans to poor households that basically met the requirements of financial poverty alleviation loans,adding a total of 49.56 million yuan of new loans for poverty alleviation.These funds have played an important role in supporting the development of poverty-stricken households and poverty relief Important role.This paper analyzes in depth the current development of microfinance business in NanLing County and puts forward specific countermeasures and suggestions on the existing problems.There are some restrictive factors in NanLing County microfinance to support the precise poverty alleviation.It is manifested in the imbalanced microfinance support,lax auditing,short loan maturity,high interest rate,lack of effective mortgage,credit risk Prevention capacity is weak,there are few financial institutions that carry out microfinance,and the types and numbers of poverty alleviation and development entities supported by microfinance are few.The causes of these constraints are analyzed.At the government level,the main reasons are the speed of poverty alleviation,the neglect of quality,accurate identification method is backward,the ambiguity of the law,etc.In terms of the internal reasons of financial institutions,the reasons are mainly lack of sustainability of funding sources,low management level and staff quality,low credit awareness and lax loan review.In terms of the main bodies of poverty alleviation,there are mainly the poor repayment ability of poor households,the precise poverty alleviation enterprises that the MFIs are unwilling to support and support,which are not standardized in production and operation,resulting in difficulties in repaying loans,large investment in agricultural production,long loan period A short period of time produces contradictions and so on.Based on the financial poverty alleviation in Jinzhai County and Tiandong County,this article puts forward some countermeasures to further develop the microfinance in NanLing County to support poverty alleviation.We should fully understand the role of microfinance in poverty alleviation,expand microfinance loans to support accurate sources of funds for poverty alleviation work;improve the construction of rural credit system and deepen rural reforms to provide the basis for rural financial innovation and development,and encourage financial institutions to carry out various kinds of property rights mortgages in rural areas Loans,enriching mortgage methods,improve the risk management level of business microfinance business,optimize the microfinance credit program,and strengthening financial support by the government.