Research On The Influencing Factors Of Rural Poverty Alleviation Microfinance Credit Risk

Rural poverty alleviation microfinance refers to a kind of financial service provided by financial institutions for farmers and agricultural enterprises for the purpose of poverty alleviation.It is a kind of credit product with strong policy and pertinence.Rural poverty alleviation microfinance business mainly emerged in the 1970 s and has been playing an important role in the financial poverty alleviation field of all countries in the world since its emergence.In our country,rural anti-poverty microfinance business was first launched by the people's bank of China,along with the advance and practice of many years,now part of the commercial bank,rural antipoverty microfinance business also has achieved great development,the farmers financing effectively relieve the problem,precision for national poverty alleviation propulsion played an important role,but in the rural poverty alleviation microfinance specific carry out there are still some problems in the process.First,it is difficult to carry out scientific credit evaluation on the farmers who borrow money,so it is impossible to accurately judge the credit risk status of farmers.Second,at present,China still has not established a unified and perfect credit information platform for farmers,which leads to the complicated procedures for commercial Banks to carry out rural poverty alleviation microfinance business.The existence of above problems,bring about farmer loan difficulty,affect a country to alleviate poverty to advance a job further.This paper takes the factors affecting the credit risk of rural poverty alleviation micro-credit as the research object,and chooses 200 data of poverty alleviation microcredit from the database of Xinxian Branch of Central Plains Bank as samples to analyze the relationship between the natural characteristics,solvency,operation status,credit status and credit risk of rural households.By selecting variables,constructing models and other steps,this paper makes empirical analysis on the sample data,trying to find out the key factors affecting the credit risk of rural poverty alleviation microcredit.Through comprehensive analysis,the following conclusions are drawn: the factors affecting the credit risk of poverty alleviation microcredit include the natural characteristics of farmers,the ability of farmers to pay debts,the operation status of farmers and the credit status of household heads.Farmer household's natural characteristics,such as age of household head,education level of household head and quantity of household labor force,have a significant impact on the credit risk of micro-credit for poverty alleviation.In terms of household debt-paying ability,household assets,household debt status,household income level and household expenditure level of household all have a significant impact on the credit risk of micro-credit for poverty alleviation.Among them,household assets and household income level of farmers have a significant negative impact on the credit risk of poverty alleviation micro-credit.The household debt status and household expenditure level of farmers have a significant positive impact on the credit risk of poverty alleviation micro-credit.In terms of household operating conditions,the non-agricultural income of farmers and the profitability and stability of household operating projects The credit risk of poverty alleviation micro-credit has a significant negative impact;the better the credit record,the lower the credit risk of the householder,the credit record has a significant negative impact on the credit risk of poverty alleviation micro-credit.The effects of gender,health status,number of households,marital status and arable land area of households on credit risk of micro-credit for poverty alleviation have not been verified.Based on the above,this paper puts forward some policy suggestions to reduce the credit risk of rural poverty alleviation micro-credit:(1)establish and improve the legal and regulatory system of rural household credit;(2)establish and improve the risk prevention and control system;(3)strengthen the internal risk assessment before the loan;(4)strengthen the supervision and management after the loan;(5)establish the credit rating reward and punishment mechanism for rural households;(6)further establish health care.Full insurance and guarantee mechanism.