Empirical Analysis of Factors Affecting Farmers’ Demand of Forestryright Mortgage Loan: Based on a Survey of Farmers in Suichang County of Zhejiang Province

This paper analyzes the factors affecting farmers’ demand of forestryright mortgage loan, and uses the Probit model to test the relationship between every factor and farmers’ demand of forestryright mortgage loan. The research is based on the survey of randomly selected 200 farmers in 9 villages in Suichang county of Zhejiang province in 2010. Results show that the main influencing factors of farmers’ demand of forestryright mortgage loan include age of the head of household, usage of the loan, number of labors, family expenditure, and proportion of forestry income to total household income. Suggestions are put forward.