Policy Statement for the Development of Sustainable Rural and Micro Finance Sector
Drafted in August 2003, this policy aimed at creating an environment for a sustainable development of the rural and micro finance sector in the Lao PDR. The policy strives for a reform program which should enable the RMF sector to be integrated into the overall financial system. Specific policy and vision for the sector have been outlined in the document. A time-bound action plan to reform the sector together with roles and responsibilities of parties involved in RMF sector have been determined. This policy document outlines the program for policy reform of RMF and takes into account the Rural and Microfinance climate at the time as well as the socio-economic situation as a whole.
Prime Minister’s Office Instruction on Microfinance Management – Unofficial Translation Download PDF