The best way to conference proceedings by Francis Academic Press

Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Micro-Finance in Poverty Alleviation: the Effects and Increasing Impact

Download as PDF

DOI: 10.25236/iceesr.2020.141


Siman Chen

Corresponding Author

Siman Chen


As one of the most important parts of the rural financial service system, micro-credit can make up for the functional defects of the rural financial organizational structure in China, which is of great significance to solve the problem of financing difficulty of rural residents and promote the economic development of rural poverty-stricken areas. In the context of strengthening the cultivation of micro-credit in China, this paper starts with the importance of micro-credit, and through combing the background of the emergence of micro-credit institutions and their development at home and abroad, reviewing and analyzing the existing research on microfinance, focusing on the constraints faced in the development of microfinance, combing the stages of microfinance development with the theory and practice, this paper makes an in- depth analysis of the problems encountered in the process of development, focusing on a series of problems arising from the practical application of micro- credit in rural finance. Based on the research, this paper reviews the literature at home and abroad, summarizes the relevant research, puts forward the countermeasures and suggestions to improve the system of micro-credit and the prospects for the future development of micro- credit.


Micro-loan, Poverty Alleviation, Rural Finance