农村小额贷款公司的风险防范可持续发展外文文(2)

services and strategic targets for poverty alleviation. Microfinance in small practices play a role in driving the people pay attention to the sustainable development of microfinance Sights (1990) argues that this model is mainly on the risk, the risk of regulators on the borrowers. Basely and coater (1995), the group of group of way can through to the default as goods punishment measures to stimulate the members of the reimbursement, thus improve the repayment rates.

Microfinance institutions "refers to a specifically for low-income groups in microfinance services business agencies or private organizations. International is usually based on the operation characteristics of microfinance institutions, it can be divided into commercial and welfare, also can say institutionalism and welfarism.And China's microfinance institutions will be divided into two categories: the first kind of foot depend on international aid in the form of non-governmental microfinance institutions or the domestic public welfare organization in the microfinance 0;The second category is the formal financial institutions run by microfinance operations; The second category is the pilot of commercial microfinance company.

2 Risk factors for rural microfinance company

As to improve rural finance, rural microfinance company absorb folk capital, standardize the folk credit, compression of the underground financial a new type of financial institutions, to promote rural financial market competition plays an important role, but at the same time we also cannot ignore, rural microfinance company as a new thing, in the process of operation and development has met some problems from external and internal, these problems restrict the sustainable development of the rural microfinance company, influence the exertion of its effect on rural economic development.

2.1 Internal governance structure is imperfect

Rural Microfinance Company’s equity structure too scattered. Under the condition of the dispersed equity, most of the number of shares of shareholders, leading to a single shareholder's role is limited, although this is beneficial to avoid "a dominant" the negative effect on the corporate governance, is conducive to the democratic decision-making, but is not convenient to the company for centralized