Standard Research Of The Continuance Of ROSCA In Liancheng Of Fujian Province Under The Perspective Of Financial Reform

Rural financial system developed or not is related to agriculture,to build a new socialist countryside and increase farmers' income,and a series of problems.And the current economy is relatively backward area,rural formal financial institutions under the pressure of cost and risk,network can only be set to the township level,the lowest in many backward economy,the production and living relatively dispersed without instruction in village level area.Lead to rural financial underdevelopment,the formal financial system not perfect problem.ROSCA as a kind of age-old rural informal financial organizations,in meet the demand of farmers money plays an important role.And can effectively make up for the deficiency of the formal financial,become private safe,cheap and convenient way of financing and financial tools.In this study,on the basis of previous studies,by using the method of random sampling questionnaire survey,through the questionnaire survey on the consciousness of the farmer's financial.Related statistical software is used to classify the data processing,in this paper,the "factor analysis" is priceless participants view of the factors influencing it would be is,and the financial awareness of farmers are analyzed.Based on this,the paper advances the countermeasures of normalization survival of liancheng ROSCA,in order to promote the healthy development of liancheng ROSCA.The research results indicate that:Compared microfinancial,ROSCAwill have the following advantages:(1)Operating mode simple and flexible.(2)With the aid of the mutual trust between members of social networks to effectively control the financial risks.(3)The operating scale,cycles,interest rates are more appropriate.(4)Meet the capital needs of farmers' production and life.In conclusion,although small micro financial capital strength,strict scientific management,risk control,interest rate level is reasonable,but in rural financial market,together with complementary and alternative relationship between the ROSCA and micro finance.So the government should take some measures which include 1.egislation,optimizing the policy environment,and encouragement of making a fortune for farmers.These measures can avoid the risk of what it would be,actively guide ROSCA jointly development and the reasonable division of labor with the small micro finance,and build a healthy and orderly rural financial market.