Micro credit, performance and tranfers: evidence from Sub-Saharan Africa and the MENA region
Philippe Adair
Savings and Development Vol. 38(2014), No. 1, pp. 1-5
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Article Full TextHow do social and financial performance of microfinance institutions interact? A panel data study upon the MENA region (1998-2011)
Philippe Adair and Imène Berguiga
Savings and Development Vol. 38(2014), No. 1, pp. 7-26
The relationship between social performance (SP) and financial performance (FP) of microfinance institutions (MFIs) in the Middle East and North Africa (MENA) region is a matter of substitution or complementarity. A panel data study (1998-2011) upon [...]
The determinants of financial performance of microfinance institutions in Morocco: a panel data analysis
Lahcen El Kharti
Savings and Development Vol. 38(2014), No. 1, pp. 27-44
This paper studies the determinants of financial performance of microfinance institutions (MFIs) in Morocco. Results show that the Portfolio at Risk (PAR30) and the age of the MFIs are the main determinants of financial performance of these [...]
Financial and social performance of Senegalese MFIs: a comparative analysis of the effects of a default rate increase
Ndiouma Ndour and Eric Paget-Blanc
Savings and Development Vol. 38(2014), No. 1, pp. 45-67
The article focuses on the quality of the loan portfolio of microfinance institutions (MFIs) in Senegal. The study was designed to assess the effect of the increase in non-performing loans (NPLs) on financial and social performance of MFIs and to [...]
The determinants of loan delinquency in urban microfinance institutions in Cameroon
Joseph Nzongang, Léopold Djoutsa Wamba and Alain Takoudjou Nimpa
Savings and Development Vol. 38(2014), No. 1, pp. 69-88
The Financial Cooperative of African Women, founded to promote female entrepreneurship quickly showed its limitations in terms of loan repayment performance. This study aims at identifying the determinants of loan delinquency rates in this [...]
Microfinance efficiency in West African Economic and Monetary Union (WAEMU): have reforms promoted sustainability or outreach?
Sandrine Kablan
Savings and Development Vol. 38(2014), No. 1, pp. 89-111
Our study aims to assess the evolution of social efficiency and financial efficiency of MFIs (microfinance institutions) in West African Economic and Monetary Union (WAEMU). Our results suggest that financial efficiency increases at the expense of [...]
The financing issue for african MFIs: an overview of mesofinance experiences
Lucie Fotsa Lieno
Savings and Development Vol. 38(2014), No. 1, pp. 113-131
This paper attempts to provide an explicit outline of mesofinance activities conducted in Africa. Twenty-six microfinance institutions (MFIs) are observed between 2008 and 2012, in 16 Sub Saharan Africa countries. The characteristics of these MFIs [...]
The informal system of remittances and currency board: complementarity or antagonism? the case of hawala transfers in Djibouti
Moustapha Aman, Nikolay Nenovsky and Ismael Mahamoud
Savings and Development Vol. 38(2014), No. 1, pp. 133-154
We propose an empirical study analyzing the link between monetary regime (Currency Board) and informal monetary practices (hawala transfers) in Djibouti. The analytical and empirical results both from monetary accounting and econometric simulations, [...]
