Factors Influencing Repayment Problem in Microfinance in Laos

Maxly Inthaxai

Diplomová práce

Abstract:

Microfinance became a huge part of socio-economic development especially to the poverty reduction. The development of Microfinance in Laos dates back to the early 1990s when the country opened up and began evolving towards a market economy with support by multilateral and bilateral organizations in order to establishing of village-based credit schemes and revolving funds. However, the whole economic sector is still weak and faces multiple challenges such as many Microfinance Institutions (MFIs) deal with high portfolio at risk levels and the capacity of staff as well as the governance level is low. Most MFIs are small in size with limited outreach. Several MFIs have unreached profitability yet and still depend on donor support. Furthermore, the level of transparency is still weak. There is not enough reliable performance data available which could serve as a benchmark for those institutions. Therefore, the repayment problem is significantly important in order to make sure MFIs are operated in a sustainable basis which is referring to our objective to investigate the influenced factors of repayment problems among Microfinance borrowers in Laos. In this paper investigates the factors that influence repayment problem of Microfinance in Laos, in Naxaithong District, Vientiane capital. By using logistic regressive model, the empirical results showed the borrower's characteristic (Age, gender, marital status, educational level, occupations, dependency) and microcredit loan's characteristic (income, assets, purpose of credits using) are among the factors contribute microcredit loan repayment problem.

Keywords

Microfinnce, Repayment problems, Microcredit, Credit scoring, Laos

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 27. 4. 2018

Obhajoba závěrečné práce

• Vedoucí: Ing. Václav Kožený, MBA Ph.D.

Česká zemědělská univerzita v Praze

Fakulta tropického zemědělství

Magisterský studijní program / obor:
Tropické zemědělství / International Development and Agricultural Economics