The Luqiao Model of Microfinance Development

Wen Xiao, Jiadong Pan and Wenwu Xie
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Wen Xiao: Zhejiang University
Jiadong Pan: Zhejiang Institution of Administration
Wenwu Xie: Zhejiang University

Chapter Chapter 4 in Microfinance and China's Regional Development, 2023, pp 113-135 from Springer

Abstract: Abstract With a highly developed private economy, Luqiao District has been persistently improving its micro financial services and exploring a path for developing microfinance with Luqiao characteristics to ensure the healthy growth of Micro and Small enterprises (MSEs). Luqiao’s experience in developing microfinance is worth promoting to the whole country. Based on the analysis of the current status of microfinance in Luqiao, this chapter thoroughly explores the development of microfinance here and outlines the mature “Luqiao Model”. First, an analysis of the three orientations in its development is provided; Secondly, its five characteristics from business form and coverage are presented. Lastly, its three unique innovation modes are discussed.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-1960-4_4

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DOI: 10.1007/978-981-99-1960-4_4

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