A staff of Home Credit introduces a woman its service. — VNS Photo

HCM CITY (Biz Hub) — Women borrow less than men everywhere in Viet Nam, according to a new report from finance company Home Credit Vietnam.

The company attributed this to women being "careful about spending money and finance managers in families."

In the north, women account for only around 36 per cent of the company's customers. The rate is higher in the south (39 per cent) and central region and Central Highlands (41.3 per cent).

In terms of age, women aged 20-30 borrow the most in all three regions, accounting for 44-45 per cent of all women customers.

Women aged over 50 account for only 4.8 per cent.

Women use 80 per cent of all loans to buy household appliances and phones.

Southern women prefer to pay less down and get longer tenors for their loans compared to their other peers. More than 21 per cent of southern women borrow to buy motorbikes/scooters, at least twice the rate elsewhere. — VNS