DOI:

Abstract

One of the greatest achievements in HCMC since the early 1990s has been its success in alleviation of poverty. Proportion of poor families reduced from 17% in 1992 to 1.34% in 2008 . The poverty can only be reduced by a system of solutions, not by a single measure. Both theories and realities show that, microcredit is an important instrument for reducing the poverty. Failing to summarize causes of success and arising problems is really inadequate for the effort to perfect the microcredit model. The article, therefore, discusses three aspects: (1) an overview of the microcredit for poverty alleviation; (2) factors affecting the efficiency of the microcredit; and (3) suggestion of coming problems to discuss and policies to be adopted.

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