A Study on the Advantages, Effects and Limits of Rural Folk Finance

Abstract

As an endogenous institutional arrangement, folk finance not only satisfies the financing needs of many rural economic entities, but also has a vast survival soil and tenacious vitality in rural areas. For this reason, it is conducive to form an efficient rural financial system which is adaptive for rural reality by scientifically evaluating rural folk financial effects and guiding rural folk finance to use their own advantages to serve the rural economic and social development. It will promote the development of modern agriculture better.