Microfinance in Southeast Asia: The Case of Vietnam Over the Period 2005–2015
Over the last decades, microfinance (MF) in Vietnam has grown significantly contributing to government goals in terms of poverty reduction. As per 2013 records for Vietnam, there were 10.09 million MF clients, and over 130 Microfinance Institutions (MFIs) with 5800 branches at the commune-level (ADB in Sector assessment: MF development program in Vietnam, Hanoi, Vietnam, 2014). The reviewed literature points out to the lack of effective analysis on how MF programmes are developed and on how they are aligned with ethical standards that focus their activities on both poverty reduction and the empowerment of women in Vietnam. This study identifies how MF is used to articulate appropriate and effective policies and measures that contribute to the alleviation of poverty in the Southeast Asian region, taking Vietnam as a case study.
KeywordsVietnam Microfinance Microfinance institution Economic policy Poverty reduction
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