Abstract—Based on the survey data from Shandong and Liaoning Province, this paper investigates the factors that influencing the formal loan demand and availability of aquaculture farmers in China. The results show that: (1) Culture area and technical level have the positive impacts on the formal loan demand. (2)Technical level and the number of bank visit for loans can have the positive impact on the formal loan availability. But the scale of loans and the distance to financial institutions have a negative impact on the formal loan availability. In addition, Liaoning Province loan availability is significantly higher than that in Shandong Province. (3) Culture area and technical level have positive influence on both applied and approved loan amounts. (4) The applied and approved loan amounts for factory culture are both significantly higher than those of pond culture.
 

Index Terms—formal loan demand; formal loan availability; aquaculture farmers

Cite: Zhang Yingli, Yang Zhengyong, Zhang Di, and Shen Xin, "Research on the Demand and Availability of Formal Loan in Aquaculture—Taking the Flatfish Farmers as an Example," International Journal of Food Engineering, Vol. 4, No. 3, pp. 227-233, September 2018. doi: 10.18178/ijfe.4.3.227-233