Financial services details

The paper begins with a brief discussion of the development of microcredit practices and it attempts to address a crucial question that it is felt has not been substantially treated such as: the appropriate role that enhanced credit access could actually be expected to play in China’s economy, and the potential for expanded rural credit access in the modern Chinese context. Also, it demonstrates some salient aspects of the microcredit sector’s development in recent years through examining ten case studies conducted by the authors in rural China. The paper concludes that the prospects for enhanced rural credit access in China have brightened considerably in recent years, although there remain some important barriers which must be addressed to promote further progress. 

• rural based development paper (EN)