Chapter 5 CONCLUSION AND SUGGESTIONS
5.4 Directions/Suggestions for Future Research
From the research about the reality of poverty reduction in Vietnam and from the economic situation of the poor in the HCMC, we can be extended to further studies, such as:
(1) The public interest to be consistent with the ability of the poor;
(2) Lending to the poor households on basis of their mortgaged assets to enhance the accountability and motivation in their business activities;
(3) Developing the BSP’s model of accessing to the poor in a comprehensive, diversified and efficient operation of the BSP.
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References
Books
Ledgerwood, J. (1999), Rural Finance Handbook, An Institutional and Financial Perspective, The World Bank, Washington, D.C. 1999.
Đào Văn Hùng (2005). Development of microfinance activities in Vietnam. Ha Noi: Labor and Social Pulishers
Hulme, David, and Paul Mosley (1996). Finance against poverty. Routledge, London.
Reports
Aghion, B. A. r. d. and J. Morduch (2005). "The Economics of Microfinance." The MIT Press: 1-361
United Nations Development Programme (2007) Bibliography. Human Development Report 2007/2008: Fighting climate change: Human solidarity in a divided world. Basingstoke, United Kingdom: Palgrave Macmillan.
Dao, H. V. and A. Hotte (1998). "Study Case: People's Credit Funds in Vietnam."
Développement international Desjardins Vol. 14: 1-53.
Doan, T., J. Gibson, et al. (2011). "Impact of Household Credit on Education and Healthcare Spending by the Poor in Peri-urban Areas in Vietnam. University of Waikato: 1-25.
Duong, P. B. and Y. Izumida (2002). Rural Development Finance in Vietnam: A
Microeconometric Analysis of Household Surveys. The World Development Vol 30: 319-335.
Hao, Q. M. (2005). Access to finance and poverty reduction: An application to rural Vietnam.
The University of Birmingham: 1-327.
Nghiem, H. S., T. Coelli, et al. (2007). The efficiency and effectiveness of microfinance:
Evidence from programs of non-governmental organisations in Vietnam. The University of Queensland.
ADB (2010). “Financial Sector Development, Economic Growth, and Poverty Reduction: A Literature Review”, ADB Economics Working Paper Series No. 173. Manila. 2009.
Huỳnh Thế Du, Nguyễn Minh Kiều, Nguyễn Trọng Hoài (2005). “Asymmetric information in credit activities in Vietnam ". Case studies of economic curriculum Fulbright.
Websites
Social Policies Bank of Viet Nam. (n.d). Vietnam bank for social policies. Retrieved on August 23rd, 2014 from http://www.vbsp.org.vn/evbsp/
Social Policies Bank of Viet Nam. (n.d). History of Vietnam bank for social policies.
Retrieved on August 24rd, 2014 from
http://www.vbsp.org.vn/evbsp/view_content.php?mamm=10
Social Policies Bank of Viet Nam. (n.d). Organizational chart of Vietnam Bank for Social
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Policies. Retrieved on August 24rd, 2014 from http://vbsp.org.vn/gioi-thieu/co-cau-to-chuc.html
Social Policies Bank of Viet Nam. (n.d). VSBP’s strategy. Retrieved on August 24rd, 2014 from http://www.vbsp.org.vn/evbsp/view_content.php?mamm=13
Social Policies Bank of Viet Nam. (n.d). The governance structure of VSBP. Retrieved on August 24rd, 2014 from http://www.vbsp.org.vn/evbsp/view_content.php?mamm=14 Social Policies Bank of Viet Nam. (n.d). VSBP’s service. Retrieved on August 24rd, 2014 from
http://www.vbsp.org.vn/evbsp/view_content.php?mamm=54
Social Policies Bank of Viet Nam. (n.d). VSBP’s social affairs. Retrieved on August 24rd, 2014 from http://www.vbsp.org.vn/evbsp/view_content.php?mamm=38
Economicsonline. (n.d.). Poverty. Retrieved on August 23rd, 2014 from http://www.economicsonline.co.uk/Managing_the_economy/Poverty.html Worldbank. (n.d.). GINI index. Retrieved on August 23rd, 2014 from
http://data.worldbank.org/indicator/SI.POV.GINI
Poverty site. (n.d). Poverty versus social exclusion. Retrieved on August 23rd, 2014 from http://www.poverty.org.uk/summary/social%20exclusion.shtml
Thu tuong chinh phu. (n.d). Hàng triệu hộ thoát nghèo nhờ chính sách tín dụng đặc thù.
Retrieved on August 23rd, 2014 from http://thutuong.chinhphu.vn/Home/Hang-trieu-ho-thoat-ngheo-nho-chinh-sach-tin-dung-dac-thu/20147/21307.vgp
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Appendix A Detail of the survey
No:……….
Date: ………
INTERVIEW QUESTIONNAIRE Thesis:
(Information is collected from households will be kept secret absolutely. It only uses as basis for the purpose of research.)
PART 1: INFORMATION OF BORROWED HOUSEHOLD:
INFORMATION TO IDENTIFY INTERVIEWEE
- Full Name: ...
- Age: ...
- Education Level: Elementary; Junior High; Senior High; Tertiary - Professional Skill (Technical secondary, Associate in Science, Bachelor's
degree): ...
- Poor Household Code: 1.Yes 2.No
- Member of Mass Organization:...
-Purpose of Borrowing Capital:...
COMMUNICATIVE INFORMATION:
- Interviewer’s Fullname: ...
- Date: ...
- Place of Interview: ...
PART II: INSTITUTION OF BORROWED HOUSEHOLD:
1. The number of dependent memebers in family:...
The number of memebers in family:...
2. Possessive properties:
+ Housing:
Ownership Hiring
or Sharing house
Living with family House owner
Place Alley’s width <2m Alley’s width >2m Alley’s width >4m
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Area <4m2/người 4-6m2/người Trên 6m2/người
+ Means of transport: The number of vehicles.
None or bicycle;
total...
Old motorbike (used over10 years and value
<5 millions); total...
New motorbike;
total:...
3. Household tools (Furniture, fridge, TV,...):
Type of property Good quantity Average quantity Don’t have or bad quality
1 Television 2 Fridge
3 Washing machine 4 Gas stove
5 Computer
4. Amount of school-age children but donnot go to school:...
5. Average income/the total member in family:...
PART III: INFORMATION OF BUSINESS AND CREDIT:
1. The Certification of business registration: 1. Yes 2. No 2. Place of business:
At home Hiring place
+Others:...
3, Amount of capital invest to production and business upto present:
Owned capital:...million VND
Borrowed capital:... million VND 4. Information of borrowed capital:
- From VBSP:...
Amount of borrowing money:... Present balance:...
+ Purpose of borrowing:...
+ The number of time you have borrowed: ………time(s); the gap between each time:...month(s)
+ Amount of money each borrowed: ………….. million(s) VND
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+ The number of debt extension:
- From other budget belongs to mass organizations:...
Amount of borrowing money:... Present balance:...
+ Purpose of borrowing:...
+ Type of ensuring credti: Security properties... Pledge of trust...
Guaranty...
+ The number of time you have borrowed: ………time(s); the gap between each time:...month(s)
+ Amount of money each borrowed: ………….. million(s) VND + The number of debt extension:
- From other organizations except credt organization:...
Amount of borrowing money:... Present balance:...
+ Purpose of borrowing:...
+ Type of ensuring credti: Security properties... Pledge of trust ...
Guaranty...
+ The number of time you have borrowed: ………time(s); the gap between each time:...month(s)
+ Amount of money each borrowed: ………….. million(s) VND
EFFICIENCY OF BORROWING:
1. The number of labours are solved jobs:...
2. Quanlity of living:
- Equipping more tools and supplies:
- Repairing house:
3. Social insurance: 1. Yes 2. No
The number of members take part in (if yes)/the sum of working-aged members:...
4. Size of business activity after using loans:
a. Stable b. Incresing a little c. Incresing alot (size and quality)
PART IV: BORROWING INFORMATION FROM VBSP
A. CONNECTING WITH VBSP AND SAVINGS AND CREDIT GROUPS:
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1/ Do you get in touch with VBSP’s officers (excluding time of receiving and repaying money)? 1. Yes 2. No
2/ Do you participate in a meeting of Credit Group? 1. Yes 2. No How many times per year:...
3/ Do you know how many members in your Credit Group which you take part in?
1. Yes 2. No
How many member that you estimate in your group?:...
4/ Do you vote or have opinions about new members:
1. Yes 2. No 3. Other ideas:...
5/ Do you know about the regulation about joint-liability among member?
1. Yes 2. No
6/ Do you agree taking responsibility for joint-liability?
(If the answer for question 5 is yes.) 1. Yes 2. No
B. CONSIDERING ABOUT ENCOURAGED MOTIVATION:
1/ Have you ever borrowed form other program apart from VBSP?
1. Yes 2. No
2/ What are strong points that VBSP's loan program have?
Low interest rate Condition for paying Borrowed proceedings
Others:...
3/ Do you have any difficulty about the condition of borrowing?
1. Yes 2. No
If yes, please indicate in detail :...
4/ Do you want to continue having loans from VBSP?
1. Yes 2. No
5/ Do you believe that you can continue borrowing capital from VBSP if you repay principal and interest on time? 1. Yes 2. No
6/ How much capital do you think that you can borrow?
a. As before
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b. Less than before c. More than before
C. SOME DESIRE ABOUT LOAN PROGRAM
If question 2 from section B of this part is yes, these questions below will be asked.
Information need to collect Totally
agree Agree Not
agree
Not totally agree
1. Loan status
Services are performed right the first time 4 3 2 1
You have no problem about payment methods
that are offering from the bank 4 3 2 1
Your expectation is fulfilled when you make
the loan at the bank 4 3 2 1
Loan limit at the bank are not the big problem
to you when applying for the loan 4 3 2 1
You have no problem about payment methods
that are offering from the bank 4 3 2 1
Loan requirements at the bank are good for
you in requesting the loan 4 3 2 1
Loan procedure at the bank are easy in
applying the loan application 4 3 2 1
Loan condition at the bank is suitable for the
loan 4 3 2 1
Loan interest rate is good when you make the
loan 4 3 2 1
2. Saving and Loan Group
Group information helps you for making the
loan at the bank 4 3 2 1
Group activities helps you make the decision in
choosing loan type. 4 3 2 1
Group requirement is not difficult for you in
joining the group 4 3 2 1
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Group is always willing to receive the
feedback about the services. 4 3 2 1
3. Loan expectation
Do you think that the bank should do
something to improve core services about the loan
4 3 2 1
Do you think that the bank should be
competence not only for the bank but also its group.
4 3 2 1
Do you think that the bank should be improved the reliability dimension such as the reasonable costs, problem solving etc..
4 3 2 1
Do you think that the bank should be reduced
service delivery time 4 3 2 1
4. Staff Behaviors
Staff at the bank has the problem solving skills
and providing the service right at the first time. 4 3 2 1 Staff at the bank give you guidance during the
applying process 4 3 2 1
Staff understand the needs of their customers 4 3 2 1
Information need to collect Very
satisfied Satisfied Not satisfied
Bank Performance
You feel satisfy with the performance of the
bank in establishing the loan status 3 2 1
You feel satisfy with the performance of the
bank in creating and managing the group 3 2 1
You feel satisfy with the behavior of the staff at
the bank in supporting 3 2 1
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