Potential target areas for financial inclusion donors in Vietnam
Donors play an important role in the development and expansion of financial services, and often have a particular focus on social impact and welfare. Therefore, donors need to properly select the products, partners and target population where they can affect positive change. MIX’s Interactive Dashboard for Vietnam can help donors in their decision-making process as well as in their impact assessment. To demonstrate how this interactive data visualization can help, I've highlighted two potential use-cases below.
The graph above shows the number of access points per 10,000 inhabitants in Vietnam’s provinces, linked with the monthly average income per capita. If a donor’s goal is to prioritize development in regions where demand is unmet for poor households, they could focus on the pink districts. For example, Soc Trang district has a monthly average income per capita of 1,913 thousand dongs and 1,595 access points per 10,000 inhabitants. In comparison, Son La district from the Tay Bac Bo region (Northwest) has a lower average income per capita of 1,170 thousand dongs but more access points (2,300 per 10,000 inhabitants).
The second use-case focuses on financial service providers’ branches location. Financial inclusion has improved in recent years in Vietnam but some districts still remain without any branches. These districts are indicated by dark blue on the map above. In Bac Kan province, for example, none of the districts has access to a branch, meaning customers must travel to another province if they need to go to a branch office. Donors could consider projects that focus on opening branches in these districts to improve the quality and depth of financial access.
For more such insightful analyses, visit our Interactive Dashboard for Vietnam.