IDEAS home Printed from https://ideas.repec.org/a/eme/ijdipp/v14y2015i3p215-230.html
   My bibliography  Save this article

Does microfinance reduce poverty in Lao PDR?

Author

Listed:
  • Inpaeng Sayvaya
  • Phouphet Kyophilavong

Abstract

Purpose - – The purpose of this study is to examine whether the village development fund (VDF) program reduces poverty in terms of income and expenditure. Design/methodology/approach - – The authors use cross-sectional data that are collected from 361 households in 15 villages in the rural district of Sukhuma of Champasak province in 2012 and use regression for analysis. Findings - – The estimate of the empirical model that is used for the econometric analysis is based on the model constructed by Coleman (1999). This study finds that VDF program has a positive impact on household income and expenditure but that the impact is statistically insignificant. Research limitations/implications - – The authors conclude that the VDF program has a minimal impact on poverty reduction in the study area. Practical implications - – Policy-maker should be aware that promotion of the VDF program might not reduce poverty in terms of income and expenditure. Social implications - – This finding might have significant impacts on poverty reduction strategy of Lao PDR. Originality/value - – It is the first study to investigate the impact of the VDF program on poverty in Lao PDR.

Suggested Citation

  • Inpaeng Sayvaya & Phouphet Kyophilavong, 2015. "Does microfinance reduce poverty in Lao PDR?," International Journal of Development Issues, Emerald Group Publishing Limited, vol. 14(3), pages 215-230, September.
    • Handle: RePEc:eme:ijdipp:v:14:y:2015:i:3:p:215-230
    DOI: 10.1108/IJDI-10-2014-0072
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/IJDI-10-2014-0072/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/IJDI-10-2014-0072/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/IJDI-10-2014-0072?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Maliny Sourigna & Shuzhen Zhu & Syed Ahtsham Ali, 2018. "Challenges and Implementation of Financial Institutions Development Policy in Laos on 2016-2020," International Business Research, Canadian Center of Science and Education, vol. 11(1), pages 115-123, January.
    2. Thanh-Tung Nguyen & Trung Thanh Nguyen & Ulrike Grote, 2020. "Credit and Ethnic Consumption Inequality in the Central Highlands of Vietnam," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 148(1), pages 143-172, February.
    3. Hanvedes Daovisan & H. L. Shen, 2020. "Does Working Capital Affect Family Firms’ Decision-Making in Laos? Evidence from a Two-Wave Cross-Lagged Approach," Sustainability, MDPI, vol. 12(7), pages 1-16, March.
    4. Scott Hipsher, 2017. "Poverty Reduction, Wealth Creation, and Tourism in Ethnic Minority Communities in Mainland Southeast Asia," International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), IGI Global, vol. 2(1), pages 39-53, January.

    More about this item

    Keywords

    Poverty; Village development funds;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:ijdipp:v:14:y:2015:i:3:p:215-230. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.