Arbeitspapier

The Village Fund Loan: Who Gets It, Keeps It and Loses It?

The village funds programme in Thailand is one of the biggest microfinance programmes in the world aiming at improving access to finance and income in rural areas. Earlier studies indicate that the programme is successful in realising its ambitions to some degree. We extend this work by analysing a second wave of a household survey and find that village fund borrowers are consistently characterised by a lower economic status; accordingly village fund loan are an important lifeline to those households. However, we cannot identify any significant substitution between village fund loans and other loans, raising doubts about the long-run impact of the village fund programme.

Sprache
Englisch

Erschienen in
Series: Diskussionsbeitrag ; No. 490

Klassifikation
Wirtschaft
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Thema
rural finance
informal financial institutions
microfinance
Thailand

Ereignis
Geistige Schöpfung
(wer)
Kislat, Carmen
Menkhoff, Lukas
Ereignis
Veröffentlichung
(wer)
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
(wo)
Hannover
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Kislat, Carmen
  • Menkhoff, Lukas
  • Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

Entstanden

  • 2012

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