Small And Micro Finance Viewed From Small Loans

The government's work report suggests that we should strengthen credit support for enterprises, especially small and micro enterprises that meet the industrial policy and market demand, and effectively reduce the financing cost of the real economy.

How to play Finance To speed up the innovation of credit products, let small and micro enterprises be allowed to let the funds enter the weak links of the real economy as soon as possible, has become a topic of great concern to the members of the Committee.

　　 Small loan

Take the road of quality and efficiency

Squeezed noodle is a favorite snack of Shaoxing people in Zhejiang. Noodle processing is one of the traditional industries with local characteristics.

In the early spring, walking in the front village of Gan Lin town in Shengzhou, Shaoxing, round bread is everywhere on the support made by farmers. Dian Qian village has 56 squeezed noodle processing households, with annual sales of over 200 million yuan. It is a local famous village specializing in squeezing flour processing.

"There are 460 households in our village. The Shaoxing branch of ABC has sent 416 cards to farmers in our village. It is convenient to handle small loans through Hui farmers' cards, and the renewal loan is also very convenient." Xu Shaowei, a villager in Dian Qian village, said that microfinance really promoted the development of the flour processing industry, but he also worried: "if business is bigger and businesses begin to scale up, can the loan amount be magnified?"

In this regard, CPPCC members, The Agricultural Bank of China (2.71, -0.02, -0.73%) chairman Jiang Chaoliang gave the answer: "I came out of the countryside too. It's not easy for farmers to earn money. Now, the price of agricultural products (11.58, -0.36, -3.02%) is not low, but farmers still can't earn money, and circulation is one of the reasons. Therefore, the whole industry chain should be fostered to promote small farmers' loans to take quality and efficiency.

"By the end of 2011, the amount of credit granted by ABC microfinance amounted to 216 billion 700 million yuan. In the county area, the small and micro enterprises have been developed through small loan services. The Agricultural Bank has also cultivated a unique competitive advantage, laying the foundation for realizing the differential development strategy, and it can be seen as a win-win road. Jiang Chaoliang said.

　　 Small micro finance

Service bottlenecks need to be eliminated

Many representatives also pointed out that we need to break through the bottleneck of small and micro financial services as soon as possible.

Song Xinmin, former deputy chairman of the National People's Congress and the Guizhou Provincial Federation of industry and commerce, said: "I usually contact basically with small and micro enterprises in Guizhou. Now the procedures for bank loan approval are more complicated, more links and less flexible forms. Small and micro enterprises are in the stage of growth. The factory premises are rented, and the equipment is also rented. They cannot be secured by mortgage. If the funds are not in place, it will be difficult to maintain. He suggested that commercial banks should support small and micro businesses. First, they should speed up and simplify the examination and approval procedures; two, they should live more flexibly in terms of loan repayment time and interest rates.

It is reported that the current general financial institutions small and micro enterprises loans to float on the basis of the benchmark interest rate 30%, the highest floating 50%, which makes many small and micro enterprises "hope that the loan is daunting." In Xu Shaowei's words, "rather than paying such a high interest, it's better to ask relatives and friends to help raise money."

For banks, High interest rate In order to solve this bottleneck effectively, Wu Yan, member of the CPPCC National Committee and Secretary of the Limited by Share Ltd of the Chinese people's Insurance Group, suggested that the development of small loan guarantee insurance should be accelerated. In his view, insurance institutions provide guarantee insurance for small loans issued by banks, so that insurance companies and banks share the risk of loans, which has 42 roles in expanding small loans and alleviating the financing difficulties of small and micro enterprises. "It is suggested to create a favorable environment for policies and regulations, and give financial support to farmers, small and medium enterprises, and guarantee insurance for insurance loans."

It is worth noting that in the service Small and micro enterprises There is also a group of institutions - small loan companies should not be ignored. Most of these small loan companies are set up in counties, and they are very aware of the situation of small and micro enterprises. They play an active role in stimulating private investment and improving the efficiency of financial services. By the end of 11 in 2011, the number of small loan companies had reached 4144.

"Microfinance companies generally have such problems as shortage of funds, high risk and inability to be incorporated into the formal financial system, which, to a certain extent, shackles the development space of small loan companies." Tang Yanwen, vice chairman of the Jiangsu Provincial Federation of industry and Commerce and CPPCC National Committee, believes that small loan companies are unable to enjoy the tax treatment of formal financial institutions while engaging in financial businesses. It is suggested that a diversified funding system should be established to end the embarrassing situation of small loan companies.