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dc.contributor.authorMenkhoff, Lukasen_US
dc.contributor.authorRungruxsirivorn, Ornsirien_US
dc.description.abstractThis paper examines the contribution of recently introduced village funds in rural Thailand, one of the largest microfinance programs ever implemented. We use a cross-sectional approach examining village funds in relation to competing financial institutions. We find, first, that village funds reach the target groups of lower income households better than existing institutions from the formal sector. Second, village funds provide loans to those kinds of borrowers which tend to be customers of informal financial institutions. Third, village funds help to reduce credit constraints. Overall, village funds seem to provide services in the intended direction.en_US
dc.publisherVerein für Socialpolitik, Ausschuss für Entwicklungsländer Göttingenen_US
dc.relation.ispartofseriesProceedings of the German Development Economics Conference, Frankfurt a.M. 2009 45en_US
dc.subject.keywordinformal financial institutionsen_US
dc.subject.keywordcredit constrainten_US
dc.titleVillage Funds in the Rural Credit Market of Thailanden_US
dc.typeConference Paperen_US
Appears in Collections:Proceedings of the German Development Economics Conference, 2009 (Frankfurt a.M.)

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