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Research Project on Microfinance

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1 Nurture & Realize Your Potentials NATIONAL ECONOMICS UNIVERSITY INTERNATIONAL SCHOOL OF MANAGEMENT AND ECONOMICS

RESEARCH PROJECT
Microcredit of TYM Fund in Hanoi – Efficiency Assessment and Recommendations for improvement

Instructor: (MSc.) Mai Xuan Thuy

Research group: 28

Hanoi, June 2012

2 ACKNOWLEDGEMENT We would like to address our deepest gratitude to our supervisor – (Msc.) Mai Xuan Thuy, whose constructive comments and orientation from the initial to final phase has made it possible for our project to be both clearer and deeper in analysis. It is a pleasure to thank Prof. Marek Hudon, who made this research possible to be conducted in the most appropriate way. In fact, all the method of analysis applied in this project came from Prof. Marek‟s support and suggestion. Furthermore, he also gave us many useful and knowledgeable sources of data and information. This project would not have been possible without the sample‟s participation. Thus, we heartily send our regards to 15 users of TYM Hanoi and as well 7 loan officers. Lastly, we would like to acknowledge here the debt we owe to Ms. Pham Thi Thu Trang – International Relation Officer of TYM Hanoi, who helped us a lot about collecting the data of TYM as well as clear up several questions about TYM.

3 CONTENTS ABBREVIATIONS ........................................................................................................................ 4 TABLES AND FIGURES .............................................................................................................. 5 EXECUTIVE SUMMARY ............................................................................................................ 6 INTRODUCTION .......................................................................................................................... 8 CHAPTER 1: LITERATURE REVIEW…...

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