Microfinance in Northeast Thailand: Who Benefits and How Much
Coleman, Brett E. | April 2002
Abstract
"This paper evaluates the outreach and impact of two microfinance “village bank” programs that target the poor in Northeast Thailand. It controls for endogenous self-selection and program placement, using data from a unique survey conducted in 1995-1996. Results indicate that even prior to program intervention, participants tend to be significantly wealthier than nonparticipants, and the wealthiest villagers are almost twice as likely to participate in the program as the poorer villagers. Moreover, the wealthiest in the village often become program committee members and use their positions to borrow substantially more than rank and file members. However, local information on individual creditworthiness is also used in member selection. Results demonstrate that microfinance loans positively affect many measures of household welfare for the wealthy committee members, but the impact is largely insignificant for poorer rank and file members. Policy recommendations include increased vigilance in targeting the poor, greater efforts to publicly disseminate the rules and purpose of the village bank program, and introduction and enforcement of eligibility criteria based on wealth while continuing to allow villagers to selfselect."
Citation
Coleman, Brett E.. 2002. Microfinance in Northeast Thailand: Who Benefits and How Much. © Asian Development Bank. http://hdl.handle.net/11540/1926. License: CC BY 3.0 IGO.ISSN
1655-5252
Keywords
Urban Development Finance
Trade Finance
Small Business Finance
Rural Finance
Roundtable on International Trade and Finance
Regional Development Finance
Public Service Finance
Public Finance
Project Finance
Private Finance
Nonbank Financing
Non-Bank Financial Institutions
Municipal Finance
Local Government Finance
Local Currency Financing
Limited Resource Financing
International Financial Institutions
Infrastructure Financing
Industrial Finance
Government Financial Institutions
Government Finance
Financing of Infrastructure
Financial Sector Development
Financial Regulation
Alleviating Poverty
Anti-Poverty
Extreme Poverty
Fight Against Poverty
Global Poverty
Health Aspects Of Poverty
Indicators Of Poverty
Participatory Poverty Assessment
Poverty Eradication
Poverty Analysis
Poverty In Developing Countries
Poverty Reduction Efforts
Urban Poverty
Taxation
Public Accounting
National Budget
Municipal Bonds
Local Government
Local Taxes
International Monetary Relations
International Financial Market
International Banking
Central Banks
Business Financing
Capital Resources
Budgetary Policy
Capital Needs
Corporate Divestiture
Capital Instruments
Pension Funds
Insurance Companies
Banks
Portfolio Management
Development Indicators
Environmental Indicators
Economic Indicators
Educational Indicators
Demographic Indicators
Health Indicators
Disadvantaged Groups
Low Income Groups
Socially Disadvantaged Children
Rural Conditions
Rural Development
Social Conditions
Urban Development
Urban Sociology
Grants
Loans
Use tax
Taxing power
State of taxation
Tax-sales
Tax revenue estimating
Tax planning
Spendings tax
Special assessments
Tax administration and procedure
Sales tax
Real property and taxation
Progressive taxation
Effect of taxation on land use
Effect of taxation on labor supply
Intergovernmental tax relations
Inheritance and transfer tax
Energy tax
Investment of public funds
Intergovernmental fiscal relations
Social infrastructure
Public works
Government lending
Poor
Economic forecasting
Health expectancy
Social groups
Political participation
Distribution of income
Inequality of income
Developing countries
Rural community development
Mass society
Social change
Social policy
Social stability
Population
Sustainable development
Peasantry
Urban policy
Urban renewal
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Citable URI
http://hdl.handle.net/11540/1926Metadata
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