Stakeholders' Perspectives on Effectiveness

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Author(s)
Nghiem, Son Hong
Laurenceson, J.
Griffith University Author(s)
Year published
2013
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Show full item recordAbstract
The microfinance industry in Vietnam, particularly those
sponsored by non-government organisations (NGOs), has experienced
rapid expansion in recent years. Yet in spite of this growth, an analysis
of their effectiveness has been lacking. In a bid to help address this
shortcoming, this paper reports on a subset of data that was obtained
during a survey and interview process that incorporated various
stakeholders including financial donors, NGO-sponsored microfinance
institutions (NMPs), village leaders and NMP members and nonmembers.
Perceptions of NMPs effectiveness are discussed from the
standpoint of various stakeholders. ...
View more >The microfinance industry in Vietnam, particularly those sponsored by non-government organisations (NGOs), has experienced rapid expansion in recent years. Yet in spite of this growth, an analysis of their effectiveness has been lacking. In a bid to help address this shortcoming, this paper reports on a subset of data that was obtained during a survey and interview process that incorporated various stakeholders including financial donors, NGO-sponsored microfinance institutions (NMPs), village leaders and NMP members and nonmembers. Perceptions of NMPs effectiveness are discussed from the standpoint of various stakeholders. NMPs are found to be at a critical juncture. While their activities are widely perceived to contribute to poverty alleviation, their future viability is clouded by donor requirements that they become financially self-sufficient and at the same time certain government policies are making achieving this goal difficult.
View less >
View more >The microfinance industry in Vietnam, particularly those sponsored by non-government organisations (NGOs), has experienced rapid expansion in recent years. Yet in spite of this growth, an analysis of their effectiveness has been lacking. In a bid to help address this shortcoming, this paper reports on a subset of data that was obtained during a survey and interview process that incorporated various stakeholders including financial donors, NGO-sponsored microfinance institutions (NMPs), village leaders and NMP members and nonmembers. Perceptions of NMPs effectiveness are discussed from the standpoint of various stakeholders. NMPs are found to be at a critical juncture. While their activities are widely perceived to contribute to poverty alleviation, their future viability is clouded by donor requirements that they become financially self-sufficient and at the same time certain government policies are making achieving this goal difficult.
View less >
Book Title
Social Entrepreneurship and Microfinance
Copyright Statement
© The Author(s) 2013. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the publisher’s website for further information.
Subject
Economic Development and Growth