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Household Borrowing in Vietnam

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  • Thi Thu Tra Pham
  • Robert Lensink

Abstract

By using data from the Vietnam household survey, this article estimates determinants of the probability of default for households borrowing from formal, informal and semi-formal credit sectors in Vietnam. A special feature of the article is that it investigates which type of lender is faced with the riskiest borrowers. The estimates suggest that borrowers from informal lenders are more risky than borrowers from formal and semi-formal lenders.

Suggested Citation

  • Thi Thu Tra Pham & Robert Lensink, 2008. "Household Borrowing in Vietnam," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 7(3), pages 237-261, December.
    • Handle: RePEc:sae:emffin:v:7:y:2008:i:3:p:237-261
    DOI: 10.1177/097265270800700302
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    References listed on IDEAS

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    Cited by:

    1. Menkhoff, Lukas & Rungruxsirivorn, Ornsiri, 2009. "Village Funds in the Rural Credit Market of Thailand," Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009 45, Verein für Socialpolitik, Research Committee Development Economics.
    2. Viet-Ha T. Nguyen & Hong Kong Nguyen-To & Thu Trang Vuong & Manh Tung Ho & Quan-Hoang Vuong, 2018. "How swelling debts give rise to a new type of politics in Vietnam," Working Papers CEB 18-026, ULB -- Universite Libre de Bruxelles.
    3. Rodrigo Alfaro & Natalia Gallardo & Roberto Stein, 2010. "The Determinants of Household Debt Defa," Working Papers Central Bank of Chile 574, Central Bank of Chile.
    4. Betgilu Oshora & Maria Fekete-Farkas & Zoltan Zeman, 2020. "Role Of Microfinance Institutions In Financing Micro And Small Enterprises In Ethiopia," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 9(3), pages 115-130.

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