Research On The Mission Drift Of China's NGO Microfinance Institutions

Since 2005,a large number of microfinance institutions have appeared in China,which have increased the welfare of the poor population and improved China's financial system,and gradually formed poverty alleviation microfinance institutions represented by NGO microfinance institutions.NGO microfinance institutions focus on improving the social economy,providing financial services and creating benefits for the poor or small and micro businesses.But over time,the problems of these microlenders have become apparent.A large number of microfinance institutions withdraw from the financial market due to capital shortage or debt problems,and more and more institutions are faced with difficulties: limited source of funds,weak government supervision,internal supervision loopholes,mission deviation,etc.How can China's NGO microfinance institutions overcome the inherent profit-seeking of financial institutions and measure the financial goals and sustainable development?Can it fulfill the original intention of providing services for China's agriculture,rural areas and small and micro enterprises?This paper takes China's NGO microfinance institutions as the research object,proves the existing mission deviation phenomenon of these institutions,and based on this,studies the influencing factors of mission deviation through the method of combining theory and demonstration,and further analyzes the influence degree of various influencing factors according to the division of eastern and western regions.The main work of this paper is as follows: the main research methods and routes are clarified through the reading and sorting of domestic and foreign literature;Based on the collected data,the theoretical basis of the research was integrated,and the development status of NGO microfinance institutions was analyzed.On the basis of a large number of literature research,collect the annual report data of microfinance alliance in our country and the agency data of different provinces and regions in our country,through the analysis of the operating performance,and the fixed effects model and quantile regression method,the combination of the mission to discuss the influence factors of migration,and gives relevant countermeasures and Suggestions.According to the research,the following conclusions are drawn: first,petty loans are not "small",the number of effective customers is decreasing year by year,and the situation of petty loans is serious;Secondly,the influence path of the influence factors of mission deviation is as follows: asset size,net profit and loan officer's average profit will affect the increase of mission deviation,while financial development and duration of continuous operation will have a negative impact on mission deviation,and the increase of average number of customers and repayment rate of loan officer will reduce the incidence of mission deviation.Thirdly,the influence degree of the above factors in the same area is different,and it will be changed according to different social environment and situation.