Analysis Of The Role Of Microcredit In Rural Poverty Alleviation

The issue of people's livelihood has always been a concern of our party and government.However,the problem of poverty which is an important aspect of people's livelihood has always been a difficult problem for our economic development.Poverty problem is concentrated in rural areas and remote areas.The 13th National People's Congress(NPC)said that it is important to ensure and improve people's livelihood and comprehensively promote targeted poverty alleviation.With the development of the Internet,the forms and ways of poverty alleviation are also becoming more and more abundant.At the same time,the microcredit which is one of the means is also playing an important role.There are many financial institutions in rural finance.But the effects of traditional financial institutions and mutual aid associations have some limitations.Rural financial institutions provide some form of small loans,but there are some limitations in the investment and effect of poverty alleviation in rural areas.With the development of the rural economy,the roles and problems of each subject in the implementation process are also emerging and the level and effects is different.This article is about the farmers income and debt structure in Chifeng City in the Inner Mongolia Autonomous region.And the role of rural economic development and the existing problems in the commercial Banks,rural credit cooperatives,and independent service of small loans is compared.And the article compares financial institutions provide microfinance financial services in different ways of poverty alleviation in the process of the rural poverty reduction and put forward the corresponding suggestions and countermeasures.