Thu Jan 14 +08 (9 months ago)
In your timezone (EDT): Thu Jan 14 3:00am - Thu Jan 14 4:15am
Since the late 1990s village-level savings groups (SGs) were organized in Laos by a joint venture of NGOs (from Thailand) and Lao Women’s Union, starting from villages in Vientiane Municipality and expanded to more remote rural areas. The Agricultural Promotion Bank (APB), established in 1993, has a nation-wide branch network but a limited capacity to deliver credit to farmers. Given the still largely subsistence-oriented but rapidly transforming to market-based economy in rural Laos, the presentation reports the current status and structure of rural financial market, which is comprised of informal, formal (mainly APB), and the newly emerged SGs, based on intensive fieldwork conducted in several villages in Vientiane Municipality and Luang Prabang Province.
Professor, Center for Southeast Asian Studies, Kyoto University
Hans Dieter Seibel
Professor Emeritus, Cologne University