Vol 6 No 1 (2019)
Articles

Factors Affecting the Bank Credit Accessibility of Rural Households in Vietnam

Tran Long Giang
Banking University of Ho Chi Minh City, Vietnam
Hoang Thi Thanh Hang
Banking University of Ho Chi Minh City, Vietnam
Published June 17, 2019
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137 Views | 39 Downloads
Keywords
  • Credit accessibility, rural households, loan, banks
How to Cite
Giang, T., & Hang, H. T. (2019). Factors Affecting the Bank Credit Accessibility of Rural Households in Vietnam. Asian Journal of Economics and Empirical Research, 6(1), 59-69. https://doi.org/10.20448/journal.501.2019.61.59.69

Abstract

The research identifies and measures factors affecting the bank credit accessibility using Heckman (1979). The research uses data from dataset of Vietnam Household Living Standard Survey (VHLSS) in 2014 and 2016 to eliminate the shock due to the global economic crisis in 2008-2009 making the estimate unsustainable. The results show that among the factors that can affect the bank credit accessibility considered in the first stage of Heckman model, there are six factors that significantly and statistically affect the bank credit accessibility of rural households. These factors include the household’s average income, householder’s age, ethnic group, marital status, previous loan period and members of the Farmers Associations. The estimate results obtained from the second stage of Heckman model on the possibility to receive loans of rural households in Vietnam indicates seven factors affecting the value of loans received from bank credit institutions are the household’s average income, householder’s age, ethnic group, marital status, previous loan period and members of the Farmers Associations.

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