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

Carmen Kislat and Lukas Menkhoff

Chapter 11 in Vulnerability to Poverty, 2013, pp 283-304 from Palgrave Macmillan

Abstract: Abstract The Village Fund (VF) programme in Thailand is one of the largest microfinance programmes in the world. It aims at improving access to finance and income in rural areas. These are worthwhile objectives for policy as finance is often limited in rural areas and incomes are low. In this sense, the introduction of a programme that sets up an additional fund of one million baht, roughly US$28,000, per village leading to a significant increase of loanable funds is welcome. Indeed, the rural population seems to be highly sympathetic to the 2001 government’s decision to start the village fund programme, as election results continuously show.

Keywords: Commercial Bank; Business Owner; Microfinance Institution; Lower Economic Status; Lending Institution (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30662-2_11

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DOI: 10.1057/9780230306622_11

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