Study On The Sustainable Development Of Farmers Microcredit From Fujian Rural Credit Cooperatives

Farmers microcredit refers to the rural areas engaged in species,farming,and plant production of farmers issued by the non-guaranteed microcredit products.Since its inception in developing countries in the 1970s,it has been popularized in more than 100 countries in the world and has developed a variety of models.In Fujian Province,although the introducing time of peasant household small credit loan is relatively late,it still achieves good results.As the main force of rural financial Services,Fujian Province Rural credit cooperatives,Rural Commercial Bank(hereinafter referred to as "rural credit cooperatives")plays an important role in supporting the local "three agriculture".Among them,peasant household microcredit loans as a financial instrument,it plays a vital role.Although the small credit quota of peasant households is not guaranteed,it is welcomed by farmers in rural areas.For a long time,the farmer's microfinance loan is provided to impoverished farmers,which is the main method of financial poverty alleviation by local government to help peasants out of poverty.However,with the development of rural area economy,the nature of peasant household microfinance loan has changed.The scope of support is no longer confined to the field of poverty alleviation,and it is gradually extending to the commercial field.In recent years,the rural credit cooperatives in Fujian province through increasing investment,it can guarantee the farmer's small credit loans grew year,but in the business development of sustainable aspects,there are also many problems,which are mainly in the following aspects:First of all,part of the rural credit cooperatives and agricultural bank's own development positioning are unclear.Mortgage lending appears the tendency of "off peasants",which is unwilling to issue small credit loans.The second is the management ability is insufficient to keep up with the peasant household microfinance business management related personnel quality,loan scale and loan quota.The quality of service can not satisfy the actual demand of peasant households;Thirdly,the high risk attribute of agricultural production,which leads to the high bad rate of small credit loan of peasant households.Fourthly,the manpower and material resources of the loan are at higher financial costs,leading to the majority of the line clubs are reluctant to spend the energy to promote.Fifthly,marketing channel is unitary.The technology support is insufficient;the loan is only under the on-line distribution,and the Internet Financial enterprise existence big disparity.Sixthly,rural credit system is not perfect,the repayment rate of farmers' microcredit loan is low.Based on the above-mentioned problems of peasant household micro-credit loan,the author analyzes and sums up the sustainable development of rural microfinance farmer in Fujian Province and puts forward the following countermeasures:Find the right position,clarify the management structure,establish a comprehensive risk management system,reduce the loan cost,accelerate the Internet financial construction,and accelerate the construction of rural credit engineering system.Finally,I take Nanan Farmer's small credit loan development as an example,analyzing the operability of developing microfinance of rural credit cooperatives and rural commercial bank.