IDEAS home Printed from https://ideas.repec.org/h/spr/conchp/978-3-030-94679-1_8.html
   My bibliography  Save this book chapter

Microfinance: A Gender Equality Tool in the Context of Vietnam

In: Sustainable Development in Asia

Author

Listed:
  • Long Bui-Thanh

    (Tra Vinh University)

  • Lucía Morales

    (Technical University Dublin)

  • Bernadette Andreosso-O’Callaghan

    (University of Limerick
    Ruhr Universität Bochum)

Abstract

Vietnam is considered one of the fastest-growing economies in the Southeast Asian region, but the country’s economic development and socio-economic sustainability are marked by significant gender imbalances. As such, this chapter offers a valuable contribution to this field of study, as it engages with a quantitative analysis of microfinance tools and the role that they can play in helping to empower women in Vietnam. Women are important economic actors with unquestionable social and economic contributions. This research study is supported by a sample of 351 women microfinance-borrowers in Tra Vinh province located in the Mekong Delta in the southern region of Vietnam. The implementation of logistic regression modelling contributed to the identification of relevant factors that aided women in enhancing their economic, social, and family role. In addition, the analysis is supported by insights from interviews conducted with relevant microfinance institutions that offer further insights into the value of microfinance to address inequality barriers in Tra Vinh province. The empirical outcomes highlight that microfinance tools have enabled women borrowers to have access to the needed financial resources. Access to financial resources has enabled women to exercise some level of control over their own income and savings, but women are still heavily reliant on males due to their historical culturally dominant role. This is a small but very important achievement in a society that is dominated by its patriarchal system, and where microfinance has contributed to facilitating women’s access to financial resources that are mainly used to look after their children, family needs, and in some cases for their own use. The study identifies the role of women’s unions as being crucial to help in bridging loans between microfinance providers and their members while promoting and supporting the development of economic independence and social recognition for Vietnamese women.

Suggested Citation

  • Long Bui-Thanh & Lucía Morales & Bernadette Andreosso-O’Callaghan, 2022. "Microfinance: A Gender Equality Tool in the Context of Vietnam," Contributions to Economics, in: Bernadette Andreosso-O'Callaghan & Serge Rey & Robert Taylor (ed.), Sustainable Development in Asia, pages 137-165, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-94679-1_8
    DOI: 10.1007/978-3-030-94679-1_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:conchp:978-3-030-94679-1_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.