Discussion on Developing China’s Microfinance

DOI

10.2991/iceeim-14.2014.21How to use a DOI?

Keywords

Microfinance, Microcredit, Sustainable development

Abstract

It is inevitable that the creation of microfinance follows the financial deepened development and the financial innovation. Capital acceleration drives economic growth and credit is necessary for some fields especially for micro-agriculture and micro-industry to develop. But most people believe that the risk of credit to the poor is higher because they are short of assurance. Moreover trading costs to offer them financial services are higher. This leads to financial market failure in the countryside, which cannot afford sufficient funds for farmers and small industrialists to produce. Therefore it is urgent for the current economic growth to settle the issue.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Yangang Li
PY  - 2014/04
DA  - 2014/04
TI  - Discussion on Developing China’s Microfinance
BT  - Proceedings of the 2014 International Conference on e-Education, e-Business and Information Management
PB  - Atlantis Press
SP  - 73
EP  - 76
SN  - 1951-6851
UR  - https://doi.org/10.2991/iceeim-14.2014.21
DO  - 10.2991/iceeim-14.2014.21
ID  - Li2014/04
ER  -