- Library Home /
- Search Collections /
- Open Collections /
- Browse Collections /
- UBC Theses and Dissertations /
- Developing micro-finance institutions in Vietnam: implications...
Open Collections
UBC Theses and Dissertations
UBC Theses and Dissertations
Developing micro-finance institutions in Vietnam: implications for establishing an enabling regulatory environment Fallavier, Pierre
Abstract
Based on results from a three-month field trip in the poorest regions of Vietnam, and on an extensive review of the literature, this thesis analyzes the current state of the micro-finance sector in Vietnam in terms of practices used by micro-finance institutions (MFIs) and in terms of the characteristics and needs of the regulatory environment they evolve in. The thesis identifies the conditions that constitute an "enabling environment" for sound MFIs on the basis of a review of international case studies and analysis. The literature review also leads to the development of a definition of poverty as "an exclusion from society and its productive systems, rooted in a lack of choices and opportunities", and human development as "the goal and process of enlarging people's choices". It explains how developing access to adequate microfinancial services can allow the poor to create micro-enterprises, accumulate saving, and increase their standards of living. A set of criteria for determining the soundness of micro-financial programs is developed, and the characteristics of a regulatory enabling environment that can facilitate the efficient operations of a wide network of local MFIs are pointed. It then presents a picture of current poverty eradication strategies and MFI practices in Vietnam, and of the regulatory environment MFIs evolve in. It then analyzes those findings in the light of the sound practices generated from the review of international experience. A set of implications is derived that reviews to which degree (i) Vietnam's national micro-finance strategy should be re-oriented to promote the creation or formalization of MFIs and allow them to operate on a market-pricing base; (ii) the Government should adapt the practices of its Bank for the Poor to fit international sound practices, and should use its wide outreach potential to disseminate such practices among local MFIs; (iii) a consultative process between all relevant actors should be undertaken to devise an appropriate set of regulations to govern formal MFIs and create a supervisory framework adapted to the characteristics of MFIs; and (iv) better use should be made of the existing micro-finance capacity by developing linkages between all players.
Item Metadata
Title |
Developing micro-finance institutions in Vietnam: implications for establishing an enabling regulatory environment
|
Creator | |
Publisher |
University of British Columbia
|
Date Issued |
1998
|
Description |
Based on results from a three-month field trip in the poorest regions of Vietnam, and on
an extensive review of the literature, this thesis analyzes the current state of the micro-finance
sector in Vietnam in terms of practices used by micro-finance institutions (MFIs) and in terms of
the characteristics and needs of the regulatory environment they evolve in.
The thesis identifies the conditions that constitute an "enabling environment" for sound
MFIs on the basis of a review of international case studies and analysis. The literature review also
leads to the development of a definition of poverty as "an exclusion from society and its productive
systems, rooted in a lack of choices and opportunities", and human development as "the goal and
process of enlarging people's choices". It explains how developing access to adequate microfinancial
services can allow the poor to create micro-enterprises, accumulate saving, and increase
their standards of living. A set of criteria for determining the soundness of micro-financial
programs is developed, and the characteristics of a regulatory enabling environment that can
facilitate the efficient operations of a wide network of local MFIs are pointed.
It then presents a picture of current poverty eradication strategies and MFI practices in
Vietnam, and of the regulatory environment MFIs evolve in. It then analyzes those findings in the
light of the sound practices generated from the review of international experience.
A set of implications is derived that reviews to which degree (i) Vietnam's national micro-finance
strategy should be re-oriented to promote the creation or formalization of MFIs and allow them to
operate on a market-pricing base; (ii) the Government should adapt the practices of its Bank for
the Poor to fit international sound practices, and should use its wide outreach potential to
disseminate such practices among local MFIs; (iii) a consultative process between all relevant
actors should be undertaken to devise an appropriate set of regulations to govern formal MFIs
and create a supervisory framework adapted to the characteristics of MFIs; and (iv) better use
should be made of the existing micro-finance capacity by developing linkages between all players.
|
Extent |
9456243 bytes
|
Genre | |
Type | |
File Format |
application/pdf
|
Language |
eng
|
Date Available |
2009-06-10
|
Provider |
Vancouver : University of British Columbia Library
|
Rights |
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.
|
DOI |
10.14288/1.0088892
|
URI | |
Degree | |
Program | |
Affiliation | |
Degree Grantor |
University of British Columbia
|
Graduation Date |
1999-05
|
Campus | |
Scholarly Level |
Graduate
|
Aggregated Source Repository |
DSpace
|
Item Media
Item Citations and Data
Rights
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.