Study of household responses to access to finance through AFP-village banks
LADLF carried out an evaluative study of household responses to changes in access to finance resulting from village banks established by the GIZ-Access to Finance for the Poor (AFP) program. The study was conducted in the southern provinces Saravanh, Savannakhet and Champassak of the Lao-PDR where the Australian Department of Foreign Affairs funds the AFP program. The study found that households respond to village banks by increasing their savings rate, making use of credit for emergencies, consumption smoothing and enterprise development and feeling more confident and in control of their future.
LADLF Household Responses to Access to Finance through the GIZ AFP Village Banks (English Version)
LADLF Household Responses to Access to Finance through the GIZ AFP Village Banks (Lao Version)