Study On Sustainable Development Of Chongqing Microfinance Company

At present,there are still many deficiencies in the development of rural financial system and rural financial services in China.In order to effectively solve the "three rural" problems,meet the financial needs of different levels in rural areas,alleviate the problems of small and medium-sized micro enterprises,such as difficult loans and expensive loans,and make up for the defects of traditional financial organizations,with the promotion of local governments at all levels and the market,small loan companies began in 2008 Pilot,the development of the past decade,microfinance as a component of the financial system,its role cannot be ignored,especially in solving the problems of rural finance and small and medium-sized enterprises is a significant advantage.As an important part of the long-term strategy of the national financial system,small loan companies can give full play to the positive role of small loans,which is conducive to China's economic development.In the course of the development of small loan,due to the rapid expansion of the market and the relative imperfection of laws and regulations,as a financial system innovation,small loan companies have experienced a trend from rapid development to slow down and flatten.Some of them are operating well and steadily,while the other part is trapped in operating difficulties and even appears violations and exits the market.Obviously,there are still various problems in small loan companies.This paper mainly analyzes the development status of small loan companies in Chongqing from two aspects of the internal and macro policy environment of enterprises.Through the qualitative and quantitative description of the operation of small loan companies,it aims to explore the factors and development direction that affect the sustainable development of small loan companies at the current stage.Factor analysis method is used to analyze the internal influencing factors of enterprises.Four factors influencing the sustainable development of small loan companies are extracted from 14 indicators for analysis,namely,scale profitability factor,risk prevention ability factor,development ability factor and asset management ability factor.The empirical analysis results show that the four dimensions of scale profitability factor,risk prevention ability factor,development ability factor and asset management ability factor are the influencing factors of the development of small loan companies in Chongqing.The main external factors that restrict the sustainable development of Chongqing small loan company are the absence of laws,the difficulty of implementing preferential policies,the weak anti risk ability of the industry itself and the tension of the management fund chain.The main contents of this paper are as follows: the first chapter analyzes the background and significance of the development of China's microfinance companies,and discusses the current research situation in the field of microfinance at home and abroad;the second chapter analyzes and defines the basic concepts of sustainable development and microfinance,as well as the theories of information asymmetry,financial repression and poverty cycle;the third chapter describes the situation of microfinance in China and Chongqing;The fourth chapter explores the main internal factors that affect the sustainable development of Chongqing small loan company.Based on the theoretical basis and index construction,factor analysis method is used to analyze the sustainable development of Chongqing small loan company;the fifth chapter,questionnaire survey method is used to explore the external constraints of the sustainable development of Chongqing small loan company;the sixth chapter,combined with China In the seventh chapter,the conclusion of this paper is summarized and the future research direction is prospected.The main conclusions of this paper are summarized as follows:(1)the current development momentum of Chongqing small loan company meet problem,showing the various indicators dropped;(2)through the empirical analysis of factor analysis,this paper believes that scale profitability,technical efficiency,risk prevention,development ability and asset management level have a significant impact on the sustainable development of Chongqing small loan company The most significant impact;(3)the external factors restricting the sustainable development of Chongqing small loan company mainly include imperfect laws and regulations,difficult to implement preferential policies,insufficient industry anti risk ability and limited industry financing channels.Therefore,from the perspective of Chongqing small loan company,it is suggested to expand financing channels,innovate product services,upgrade business model,improve internal management,and attach importance to human resources to promote the sustainable development of small loan company.From the perspective of government departments,it is suggested that Chongqing speed up the legislation,clarify the legal status of small loan companies,actively guide the standardized development of small loan companies,and support small loan companies to appropriately expand their business scope.Small loan companies play an important role in promoting the development of small and medium-sized enterprises in the region and meeting the reasonable demand of private funds.Therefore,giving full play to the function of small loan companies in optimizing resource allocation is of great practical significance to solve the contradiction between financial supply and demand and promote the development of real economy.