Empirical Study on the Sustainable Development Model and Path Selection of Microfinance Institutions

Authors

  • Jiming Li, Linlin Yao

Abstract

To explore the sustainable development model and path selection of microfinance institutions, this study based on four classic micro-credit operating models in the world, and used a questionnaire survey to look into the micro-credit companies in Hangzhou and Wenzhou with high-tech and active capital small-medium enterprises. The result finds that the operating model of micro-credit companies in Zhejiang Province relies mainly on the shareholder, bank, regional and industrial cluster, guarantee, and mixed-mode of personal loans and business loans. Moreover, the study suggests that the share transfer model and the bond issuance model are also two feasible models for the sustainable operation of micro-credit companies in the future.

Published

2020-02-29

Issue

Section

Articles