Stakeholders' Perspectives on Effectiveness

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Nghiem, Son Hong
Laurenceson, J.
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Jonathan H. Westover

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2013
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Abstract

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.

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Social Entrepreneurship and Microfinance

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© 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.

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Economic Development and Growth

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