Study On The Development Of Rural Microfinance Business In Hunan Province

As a big agricultural province in our country,Hunan Province accounts for more than half of the total population in the province with low per capita income,large gap between the rich and poor,and high demand for funds in the rural market.Under such circumstances,it is of great significance to study the status quo and problems of the development of microfinance in rural areas in Hunan Province and to give some advice on the development of microfinance in rural areas.This is of great significance for improving the current status of rural financial markets in Hunan Province.This article takes the development of rural microfinance in Hunan Province as an entry point,and aims to put forward a reasonable solution to the development of rural microfinance in Hunan Province.Firstly,this article elaborates the research background,research value,research objectives and research methods of rural microfinance business development.Secondly,it discusses the related concept,development history and related theoretical basis of rural microfinance business development,and its development The theoretical basis mainly includes the theory of inclusive finance,the theory of financial repression and the theory of vicious cycle of poverty.Then,the paper analyzes the status quo of microfinance in rural areas in Hunan Province,mainly from the general situation of rural economy in Hunan Province and the supply and demand of microcredit in rural areas of Hunan Province,concludes that the supply and demand of rural microfinance in Hunan Province is not balanced,Based on the analysis of the status quo,we find out the restrictive factors that hinder the development of rural microfinance in Hunan Province,including the policy constraints,operational constraints and market constraints.Thirdly,this article draws on the successful experience of rural microcredit business both at home and abroad,especially the credit business of Grameen Bank in Bangladesh and the microcredit business of Zhejiang Tai-long Commercial Bank in our country,Finally,combining the experience and enlightenment,we proposed the rationalization of the development of rural microfinance in Hunan from three aspects of microfinance government policy,the development of microfinance institutions and the construction of rural financial market system respectively Suggest.The suggestions and measures proposed in this paper are still relatively preliminary,to be summarized and groping in practice and continue to study practical ways.