Research on Agriculture Micro-credit Risk Management of Laiwu Rural Credit Cooperative
|Keywords||Micro-agriculture credit Credit risk Credit rating Risk management|
The agriculture micro-credit started from developing countries and regions of Asia, Africa and Latin America in the1960s. With the development in the last decades, it has become an effective way to alleviate poverty and promote employment and has play an increasingly important role in the field of rural finance. The development of micro-agriculture credit started relatively late. While after three decades’ development, especially after2005, under the impetus of the government, the micro-agriculture loan of rural credit cooperatives has an full development. The micro-agriculture loan has played a positive role in the alleviation of rural financial markets, broaden investment channels and optimize the structure of rural finance.However, we should see that micro-agriculture credit exist a high potential default risk under information asymmetry, weak anti-risk capability and unsound management. When promoting the strong development of rural micro-finance to support agriculture production, it has an important practical significance to research how to effectively manage the risk of micro-finance according to the farmers’ financing and risk characteristics and achieve a win-win situation between the farmers and financial institutions in the rural economics.This paper uses the method of theoretical analysis and empirical analysis, and combined with the current development of Laiwu rural credit cooperative to analysis the micro-credit risk in the empirical process.This paper is divided into six chapters, the first chapter is the introduction, the second chapter is the status development of micro-agricultural credit of the Laiwu rural credit cooperative, the third chapter analysis the processes of the micro-agriculture loan of the Laiwu rural credit cooperative and the reasons of risk, the fourth chapter introduces the processes of risk management of micro-agriculture loan in the Laiwu rural cooperative firstly and build the credit rating model of the farmers, finally analysis the validity of the credit rating model through the method of case analysis, the fifth chapter on the basis of theoretical and empirical analysis, put forward relevant suggestions for the special situation of the risk management of micro-agriculture loan of Laiwu rural credit cooperative, the sixth chapter summarizes the main conclusions of this paper and points out the shortcomings of this paper in order to improvement.