Paper Title
The Influence of Project Factors and Sustainable Factors of Village Fund on the Goal Attainment of Village Fund Projects: A Case Study of Village Fund Projects in 3 Provinces in Central Region (Suphanburi, Ratchaburi and Kanjanaburi Provinces)

Abstract
This research is conducted to study “The influence of Project Factors and Sustainable Factors of Village Fund on the Goal Attainment of Village Fund Projects: A Case Study of Village Fund Projects in 3 Provinces in Central Region (Suphanburi, Ratchaburi and Kanjanaburi Provinces)” and ways to improve the village fund project. The research is a mixed-method by using quantitative and qualitative research styles. The questionnaires are distributed among the sample size of 270 respondents. The focus group discussion is also conducted. The data are analyzed by using descriptive statistical data and content analysis. The results reveal that the average outstanding debts of village funds are at 18.01 percent. The debtors use their loans for the purpose of agricultural and commercial activities. Most of the members would like to obtain more loans. The loan from the village fund can alleviate the need for the informal loans. It can fulfill the urgent need for money. It is considered as a medium source of working capital. It helps to develop the knowledge, strengthen the economy and provide for the deposit services. The loan process depends on the small group basis. The annual expansion of loan is very meager in which it there is a reliance on subsidies. The village funds can be used for scanty purpose and increasing the liquidity in the family. However, the loan can create less of the employment opportunity. The possibility of bad debts is scarce. The personal factors that significantly affect the goal attainment are age, occupation, marital status, education, and status in the village fund. The results from the multiple regression show that project and sustainable factors that have effect on the goal attainment of village fund are: 1) the expansion of opportunity to the disadvantaged people, 2) loan mechanism, 3) the risk on the repayment behavior, and 4) the reliance on the subsidies. These mentioned 4 factors have the power of prediction at 63.8 percent. The debtors use the loan to buy livestock, become a family working capital, and repay the loan. There are also other types of fund in the village. The village fund committees are sacrifice and having morality. The village fund accomplishes its goals in terms of working capital and human development. The side effects are the creation of current debts and much more debts for the villagers. The suggestions obtained from the focus group discussion concentrate on the characteristics of village fund committee, the use of dharmic principle, the participation process, the governmental subsidies, and the more opportunity on the grant of loan. Keywords - Village fund, sustainability, goal attainment of village fund