Use this link to view the PDF file: A Study on Microfinance in China
A Study on Microfinance in China
Zhiqiang Wilson Zhang
The Journal of Finance Issues
This study investigates the relationship between microfinance programs' presence and farmers' welfare and the factors influencing financial demand of rural households. Empirical analysis has been conducted to investigate the detailed impacts that microfinance programs imposed on rural households based on the data collected through surveys. This study provides evidence that support the hypothesis that microfinance leads to increase in borrowers’ household income.