Effect of Micro-Credit for Poverty Alleviation on Income Growth and Poverty Alleviation—Empirical Evidence from Rural Areas in Hebei, China

Micro-credit for poverty alleviation is an important financial measure of targeted reduction and rural revitalization in China. This paper employs the OLS model Logit to empirically test effect micro-credit on income level stability growth farmers based field survey data 458 registered poverty-stricken farmer households Fuping County Quyang Hebei Province. The results suggest that can increase farmers’ income, stabilize their exert significant short-term long-term effects alleviation. specialized cooperatives, scale production operation, proportion family labor force, education head farmer’s household a significantly positive stable income. There interaction between cooperatives. physical conditions members negative other financing channels have no effect.