Abstract:

In order to better understand the effects of targeted poverty alleviation through financial measures,a field research on the credit system in Songbai Town,Yongshun County of Hunan Province has been conducted.It has been found that the Songbai Model can not only benefit the poor farmers,but help raising capital for the enterprises and make more credit available to the financial institution as well,achieving all-round winning and making the local economy more dynamic.This financial model of targeted poverty alleviation provides answers to the questions of who,what,how,and how effective.

Key words: targeted poverty alleviation, financial credit, Songbai Town