抄録
With low average income in Vietnam, many people purchase and enjoy expensive goods. Under the current legal framework on banking loan, low income people can buy them by “loan" from banks in Vietnam. In actuality, however, the formal sector appears to be inadequate in fulfilling their credit needs. In addition, some formal institutions maintain awkward and time-consuming procedures. So people may access informal or semi-formal financial sector as its own “consumer credit" systems.
