Abstract:

The rural mutual-help fund for the poor is a new financial innovation mode. It effectively solved the bottleneck problem of capital of the development of agriculture industry for farmers in the less developed areas. The principle of organizing the Zhejiang rural mutual-help funds for the poor was based on community and non-profit capital mutual-support organization. Supporting the poor, joint contribution, democratic management and mortgage innovation are the basic features of the funds. This article precisely described the causes and the functions of the funds. Finally, the article gave some proposals to advance three-party linkage, to guide non-governmental funding to participate, to improve the operational mechanism, and to establish and improve rules and regulations in order to realize the sustainable development of this fund．

Key words: Zhejiang, supporting the poor, rural mutual-help funds for the poor, mode