Empirical Analysis of Forest Rights Mortgage Loan:A Case Study of Suichang City

摘要

The reform of China's rural econo my needs financial innovations. Forest Rights Mortgage Loans (FRML), which allows the forest farmer to apply for a loan by mortgaging his forest rights, as a latest rural finance instrument, was trialed in Suichang City. Three main patterns in FRML were comparatively illustrated and analyzed. Addressing the low income of most forest farmers, a new kind of FRML-MCMML, combining the characters of a guarantee loan and a micro -revolving loan, was selected as a practical finance tool in the mountain area 's economic develop ment. So me suggestions were proposed in the end for FRML's further develop ment and improvement.