Role of Microfinance on Households Economic in the Sam Sang Pilot Project Area of Government at Paksxong district Champasak Province

Abstract

The main aim of this research is to examine the impact of the Nayoby bank credit on Households Economic Withcross-sectional data that are collected from 261 households in the Sam Sang Pilot Project Area of Government at Paksxong district. Champasak province in 2016 and the multiple-regression models is applied for analysis. The result shows that the Nayoby bank credit has a positive significant impact on household economic, by increasing household meome from agriculture, consumption, and assets We concluded that microfinance has a play important coleon household Economic improvement. This study suggests that policy makers or private agencies to help people in rural areas.

especially farmers for accessing to credit from the Nayoby bank and extend credit to those with low incomes or the poor to create jobs, generate income and reduce poverty.