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Sustainability of Poverty-Stricken Villages’ Developing Village-based Mutual Funds——An Analysis Based on 66 Village-based Mutual Funds Cooperatives in One Poverty-stricken County in Northwestern China
Author(s): 
Pages: 10-16
Year: Issue:  8
Journal: Xi'an Finance

Keyword:  rural financemutual fund cooperatives;
Abstract: An empirical analysis is carried out based on 2011-2012 data of village-based mutual cooperatives of 66poverty-stricken villages in A county, and it is found that there exists a negative relationship among ratio of governmental funds,mutual funds amount, ratio of poor households in plot villages and the financial sustainability ratio of village-based mutual cooperatives, while there exists a positive relationship between one loan amount and the financial sustainability ratio of village-based mutual cooperatives, which is significant in statistics. The paper puts forward measures such as enhancing the supervision of financial sustainability ratio of village-based mutual cooperatives, preventing the mission drift attaching great importance to related coordination measures of poverty alleviation and introducing business support from external organizations et al. in the hope of promoting the sustainable operation of village-based mutual funds of poverty-stricken villages.
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