An Analysis Of The Influencing Factors On The Satisfaction Rate Of Farmers' Productive Financing

Under the background of rural revitalization and the priority development of agricultural production,the expansion of farmers' production and operation has led to an increase in their financing demand,but the amount of agriculture-related funds available for financial institutions is limited,and the problem of low satisfaction rate of farmers' productive financing and thus affecting the development of production becomes more and more prominent.Based on this,it is necessary to study the influence factors of the satisfaction rate of productive financing and its mechanism of action,and then explore the relevant countermeasures to improve the satisfaction rate of productive financing of farmers.This paper uses "5C" credit theory,social relations theory and the theory of silver-farm relations to design the seven influencing factors of personal endowment,borrower quality,capital ability,mortgage ability,management ability,social capital ability and silver-farm relations and its corresponding 25 variables.On this basis,using the survey data of 452 sample farmers in Hubei Province,we first use the multi-linear regression and Tobit model from the perspective of continuity variables to carry out empirical analysis,and then carry out the robustness test from the perspective of discrete variables,and finally obtain the following results from typical case support:(1)farmers' asset-liability ratio,family fixed assets,total assets available for mortgage,farmers' understanding of financial institutions and their loan process policies,farmers' non-performing loan records,farmers' production and operation ability,The seven variables of social capital index affect the financing satisfaction rate of farmers from large to small.In addition to the negative impact of farmers' non-performing loan records on financing satisfaction rate,other factors have a positive impact on farmers' productive financing satisfaction rate.(2)From the various factors on the financing satisfaction rate of the process: "asset-liability ratio" by reducing the transaction costs of both supply and demand and then positive effect on the farmers financing satisfaction rate."Assets available to farmers for mortgages" are positively affecting farmers' productive financing satisfaction rates by reflecting farmers' ability to repay when they refuse or are unable to make payments."Family fixed assets" reflects solvency by reflecting the degree of debt protection of farmers' assets,thus affecting the satisfaction rate of farmers' productive financing."Thedegree of farmers' understanding of financial institutions and their loan policies" is positively affecting the rate of farmers' productive financing satisfaction by improving the relationship between the banks and farmers and thus improving the chance of loan approval."The production and operation capacity of farmers" reflects the profitability and solvency of farmers by the return on investment and the current ratio respectively,thus enhancing the lending confidence of financial institutions,thus affecting the rate of farmers' productive financing satisfaction."Social Capital Index" reduces the hidden cost of financing and improves the efficiency of financing through social capital capacity,which is directly affecting the satisfaction rate of farmers' productive financing."Farmer's Credit Evaluation" weakens the lending confidence of financial institutions through non-performing loan records and reverses the rate of farmers' productive financing satisfaction.Under the conclusion of this study,the paper puts forward corresponding policy suggestions to improve the satisfaction rate of farmers' productive financing.