No products in the cart.
Discover how remittances from overseas workers support Laos’ economy, strengthen families, and boost rural development.
For many Lao families, remittances—money sent home by relatives working abroad—are a vital source of income. With thousands of Lao citizens employed in Thailand, South Korea, and beyond, remittances play a significant role in household survival and national development. They support education, healthcare, and small businesses while helping to reduce poverty, especially in rural areas.
Why Remittances Matter
Household Income: Families rely on money from abroad to cover daily expenses.
Education: Funds used for school fees, supplies, and university costs.
Healthcare Access: Families afford better medical services.
Small Business Growth: Many invest remittances into shops and farms.
Economic Stability: Remittances reduce poverty and support national GDP.
Economic and Social Impact
Poverty Reduction: Directly lifts families above poverty lines.
Rural Development: Creates opportunities in remote villages.
Entrepreneurship: Enables microbusinesses like grocery shops and farms.
Gender Dynamics: Women often manage remittance funds for households.
Education Mobility: Supports the next generation to pursue higher studies.
Challenges
Overdependence on remittances can slow domestic job creation.
Migration risks such as labor exploitation abroad.
Limited financial literacy in remittance-using households.
Example in Laos
Many rural families in Savannakhet Province depend on remittances from workers in Thailand. These funds often finance small shops, motorbikes, and children’s education.
Conclusion
Remittances are not just money—they are lifelines that support families, reduce poverty, and fuel development in Laos. With better management, they can create long-term sustainability.
About CITS Laos
CITS Laos collaborates with financial institutions, NGOs, and government agencies to maximize the impact of remittances. We build bilingual financial platforms, design digital literacy campaigns, and run SEO strategies to connect families with safe, efficient remittance services. By empowering households with knowledge and tools, CITS Laos ensures remittances build stronger futures.