Abstract

According to the survey in Shandong rural area from China inclusive finance center, a prominent problem in Shandong is that the credit from rural financial institutions is insufficient because of the high interest rate, the baffle from mortgage and guarantee, and the reluctance or disability for financial institutions to supply more and proper products to peasants. In order to supply more and proper financial service to peasants, suitable financial institutions are needed. In Shandong rural area, small or regional commercial financial institutions are suitable and mutual folk finance is indispensible at present.

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