Abstract
BackgroundElimination of poverty is an important part to achieve a comprehensive well-off in China, and financial means and tool play an important role in it.MethodsThis paper employs credit capitalization model and future-oriented valuation method, uses the data from leading enterprise.ResultsThere are some problems in current financial poverty alleviation practice, such as the lack of unified organization, high cost, poor sustainability, uncertain effects, etc. The internet finance, based on new information technologies which enable more comprehensive information collection of poverty population can help the poor households to accumulate credit capital and play a greater role in the process of poverty alleviation.ConclusionsAlthough lack of physical capital, the poor people can still benefit from the financial market to get out of poverty and be better off with the support of credit capital through internet finance.
Highlights
Elimination of poverty is an important part to achieve a comprehensive well-off in China, and financial means and tool play an important role in it
As a global complex network research authoritative, Albert László Barabási (2010) pointed out that 93% of human behavior is predictable based on the big data analysis. This predictability determined that Internet finance can provide more financial services for the poor people with potentiality through the risk assessment model established on the basis of future. (3)Credit capitalization: support for the poor people to get more financial services The role of credit in the social economy and its sustaining mechanism is in gradual evolution
In conclusion, there are some problems in current financial poverty alleviation practice, such as credit rationing, high cost, poor sustainability, and uncertain effects
Summary
Elimination of poverty is an important part to achieve a comprehensive well-off in China, and financial means and tool play an important role in it. Internet finance can help the poor households to accumulate credit capital and play a greater role in the process of poverty alleviation because of the value evaluation method focusing on future based on the more accurate risk identification.
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