TECHNICAL EQUIPMENT OF CREDIT COOPERATIVES AND ITS INFLUENCE ON ACCESS TO FINANCIAL RESOURCES

Issue № 7, 2016, article № 12, pages 79-85

Section: Cooperation and integration

Language: Russian

Original language title: ТЕХНИЧЕСКАЯ ОСНАЩЕННОСТЬ СКПК И ЕЁ ВЛИЯНИЕ НА ДОСТУП К ФИНАНСОВЫМ РЕСУРСАМ

Keywords: AGRICULTURAL CONSUMER CREDIT COOPERATIVE, REPUBLIC OF SAKHA (YAKUTIA), TECHNICAL EQUIPMENT, PAYMENTS, RURAL FINANCE

Abstract: The expansion of access of the villagers to credit and financial resources is an important component of a sustainable development of rural territories. The purpose of article is a research of availability of financial services to country people of the Republic of Sakha (Yakutia). The Republic of Sakha (Yakutia) has the extensive territory with low population. Population density makes 0,3 persons on 1 sq.km. The only way of communication between coasts of the rivers is ferries. Specifics of the region do especially important development in rural areas telephone and Internet communications. The existing transport network is underdeveloped. The analysis of technical equipment, identification of the organizations of acceptance of payments and presence of the financial organizations in the village was carried out by questioning. The analysis of 23 agricultural consumer credit cooperatives (ACCC) of the first level from 13 areas of the Republic of Sakha (Yakutia) is carried out. Researches have shown that with a growth of remoteness from administrative centres the presence of ACCC decreases, but the role of agents of ACCC grows. Regardless of remoteness of ACCC, generally have the sufficient level of technical equipment, but poor quality of Internet communication. Transport inaccessibility in the region means also network (Internet) inaccessibility. Bank offices are opened in the cities and administrative centres, but extremely seldom in the rural remote places. This feature is also advantage of agricultural credit consumer cooperation before banks. Questioning has revealed desire and readiness of heads of ACCC to provide additional services on the basis of cooperatives. The most interesting offers are rendering of services on conducting of payments in the non-cash way and insurance of members of cooperative. The support of development of ACCC can and has to promote a sustainable development of rural territories of the Republic of Sakha (Yakutia).

Authors: Stepanov Arsen Aiaalovich